OMV has secured a €450 million loan from the European Investment Bank (‘EIB’) to help finance a large-scale green hydrogen production facility in Bruck an der Leitha in Lower Austria. The EIB said the loan covers nearly three-quarters of the project’s projected €600 million investment cost and represents its largest-ever investment in Austria’s energy sector. OMV said the...
A finance-focused initiative to help Chilean renewable hydrogen and derivatives projects advance has reached its first milestone. Specialists presented the findings of the initial supply-side diagnosis, which identified access to development capital (devex)–needed to complete front-end engineering design (FEED) work–as a key area requiring attention, along with securing offtake...
This chart shows how peak power use spiked among the ACs in Every Electric’s program. (Every Electric)...
In July 2026, Kanadevia Corporation announced a partnership with Bahwan Engineering Company LLC to cooperate on green hydrogen and e-methane project development across all stages in Oman, combining Kanadevia’s water electrolysis stack technology with Bahwan’s local engineering and construction capabilities. This collaboration could deepen Kanadevia’s presence in low-carbon fuels while testing how...
ANDRITZ AG (Graz, Austria) and RAG Austria AG (Vienna, Austria) have officially marked the start of construction with a groundbreaking ceremony for Austria’s largest green hydrogen plant. The 12.5 MW facility will help store surplus renewable energy generated in the summer for use during periods of high energy demand, particularly in winter, thereby enhancing energy security, supporting the continued...
Belgium’s John Cockerill has produced the first 5MW electrolyser based on technology and assets acquired from France’s McPhy, as it prepares to supply eight units to a new planned project in the Netherlands.Manufactured and assembled at the former McPhy factory in Belfort, France, the pressurised alkaline electrolyser comes around a year after the acquisition, which...
Green Hydrogen Production Cost Reduction Fuel Cells Works Source link...
Trina Green Hydrogen Secures 96 MW Alkaline Electrolyzer Order in China energynews.pro Source link...
EIB lends EUR 450m to OMV's Austrian green hydrogen project Renewables Now Source link...
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