Austria

Austria Development Bank Invests In RE Firm AMPIN Energy

Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […]

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Battery Electric Cars Sales In EU Increase By 55%: Eurostat

Europe Union (EU) witnessed a rise in the sale of battery-only electric passenger cars in 2022 reveals the data shared by Eurostat, which is the statistical office of the European Union. It also showcased an increase in the number of battery-only electric passenger cars in the EU. It stated, “Battery-only electric passenger cars in the […]

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Austria’s Verbund bags renewable portfolio in Spain

Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […]

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Austria will Release €250 million for Wind and Solar Projects

Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […]

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Green Hydrogen Tech Can Decarbonise India’s Steel Sector: TERI

Green hydrogen technologies have the potential to drastically reduce CO2 emissions from primary steelmaking in India, allowing the sector to industrialise without the need to “carbonise,” finds new research by the Energy and Resources Institute (TERI). The study entitled “Green Steel through Hydrogen Direct Reduction: A Study on the Role of Hydrogen in the Indian […]

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GE Renewable Energy Selected for 157 MW Wind Projects in Austria

GE Renewable Energy has been selected by the PÜSPÖK Group as the supplier for two wind projects located in the Burgenland region in Austria. GE Renewable Energy has announced that it has been selected by the PÜSPÖK Group as the supplier for two wind projects located in the Burgenland region in Austria. The 157 MW […]

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Enercon Concludes Supply Contracts for 212 MW in Austria

Enercon has announced that it has agreed to another cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. German wind turbine manufacturer Enercon has announced that it has agreed to another close cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. The two […]

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EIB Finances 200 MW Solar Projects in Spain, 2 Wind Farms in Austria

EIB is investing EUR 43.5 mn to finance 200 MW solar projects in Spain, and EUR 63 mn for construction and operation of two new wind farms in Austria. The European Investment Bank (EIB) has announced that it is investing EUR 43.5 million to finance the largest solar project in Andalusia and one of the most powerful in […]

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Munzer Bharat. How an Austrian Firm Picked India for Its First Global Plant

Munzer BioIndustrie, a family-owned firm from the little known town of Sinabelkirchen, near Vienna in Austria, finally got going in India this year, with its first BioDiesel plant starting pilot tests. Here is how, why and what the company expects to achieve with its Indian venture. The start of Munzer Bharat Private Limited itself has […]

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