Austria

Funding will be provided through technology specific competitive bidding processes for electricity produced from wind, solar and biomass

The project is predicted to cover a third of the airport’s electricity consumption

The temporary scheme, which will be in force until the end of 2025, will pay operators of power plants to help balance the electricity grid

Implemented in partnership with the Austrian Federal Ministry of Finance, the initiative will help accelerate the green transformation of the banking sector in the region while tackling climate change

It claims that it will be the first new build pumped hydro storage facility in the world to have fully-fed variable speed technology, making it far more efficient

Projects include onshore wind, solar and hydropower projects, in addition to electric vehicles and charging stations as well as the energy efficiency of companies and buildings

It will enable the company to intensify the development of polyolefins-based circular solutions used in a wide range of applications in consumers products, packaging and power transmission cabling

The 143MW wind farm will generate enough electricity to power around 90,000 homes

The move means the country becomes the second European country to totally eliminate coal from electricity production

Investment will help with heating, draft insulation and glazing to improve housing efficiency in one of Europe’s poorer nations