Austrian scheme to support renewable production granted EU approval

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

‘Austria’s largest’ solar PV plant takes off at Vienna Airport

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

Austria’s network reserve for electricity supply security granted EU approval

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

New Green Banking Academy launched in Europe and Central Asia

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

GE Renewable Energy secures contracts for new Pumped Hydro Storage Power Plant in Austria

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

Austrian bank and EIB to support sustainable projects with €300m funding

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

Borealis granted €250m to develop circular economy solutions for plastics

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

Giant onshore wind farm in Austria granted €107.4m

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

Austria moves towards carbon neutrality with shutdown of last coal plant

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

Albanians to get warm home boost from EU worth €5m

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