In the United Arab Emirates, AGBI reported that Abu Dhabi renewables firm Masdar has partnered with Austrian energy company OMV to make a significant investment in the largest hydrogen project in Austria.
Masdar will take a 49 % stake in the proposed electrolysis plant in Bruck an der Leitha while OMV will retain 51%.
The plant will begin operations by the end of 2027, have an electrolyzer capacity of 140MW and produce up to 23,000 tons of green hydrogen annually for industrial applications, the report stated.
More on the story.
