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OMV Secures €123 Million in Subsidies to Build 140 MW Green Hydrogen Plant in Austria

Austrian group OMV has signed a funding agreement with the state for its green hydrogen project in Bruck an der Leitha. The 140 MW plant is expected to produce up to 23,000 tons annually from late 2027.

OMV Secures €123 Million in Subsidies to Build 140 MW Green Hydrogen Plant in Austria

CountriesÉmirats Arabes Unis, Autriche
CompaniesMasdar, OMV
SectorÉnergie Hydrogène
ThemeInvestissements & Transactions

OMV and Austria Wirtschaftsservice GmbH (aws) have concluded an agreement guaranteeing production subsidies of up to €123 million for the future green hydrogen plant in Bruck an der Leitha, Lower Austria. The project had previously received a positive assessment from the European Hydrogen Bank (EHB), which recommended it for funding. According to OMV, this facility will rank among the five largest green hydrogen production sites in Europe.

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Énergie Hydrogène