Coal land of Romanian state-owned CE Oltenia is undergoing transformation with the beginning of construction of four photovoltaic plants. The projects, which the company is conducting with OMV Petrom, are for 550 MW in combined capacity. In a separate partnership, with Tinmar Energy, 280 MW more is in development. Almost four years after the European […]
OMV and Masdar are setting up a joint venture for the development and operation of the fifth-largest electrolyzer plant in Europe. The facility is already under construction in Austria. The UAE-based company would be a minority shareholder, with 49%. Austrian integrated energy, fuels and chemicals company OMV and Masdar – Abu Dhabi Future Energy Co. […]
Companies that participated in the second round of auctions in Romania for contracts for difference (CfDs) for wind and solar power projects received the ranking list. The target quota for photovoltaics was slightly surpassed, with 1.49 GW approved. Conversely, only 1.26 GW was allocated in the wind project segment, against the available 2 GW. Average […]
OMV put into operation its green hydrogen plant in Schwechat near Vienna. The facility can produce 1,500 tons per year. OMV is producing green hydrogen on a commercial scale for the first time. The Vienna-based fossil fuel and petrochemicals producer started up a 10 MW plant at its Schwechat refinery near Austria’s capital. It is […]
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