{"id":109192,"date":"2025-11-06T00:00:00","date_gmt":"2025-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/masdar-buys-into-omvs-austria-hydrogen-project\/"},"modified":"2025-11-06T00:00:00","modified_gmt":"2025-11-06T00:00:00","slug":"masdar-buys-into-omvs-austria-hydrogen-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/masdar-buys-into-omvs-austria-hydrogen-project\/","title":{"rendered":"Masdar buys into OMV\u2019s Austria hydrogen project"},"content":{"rendered":"

Masdar <\/strong>is acquiring a 49% stake in Austrian energy company OMV\u2019s <\/strong>planned <\/strong>hydrogen plant in Bruck an der Leitha<\/strong>, with OMV retaining 51% and operational control, Austrian Press Agency<\/a> reports. The facility is slated to come online by end-2027 with 140 MW of electrolysis capacity, targeting annual output of up to 23k tons of green hydrogen for industrial users. Long-term green power contracts are already secured, the state agency said, citing OMV\u2019s CEO Alfred Stern. <\/p>\n

Total capex is expected to land in the \u201chigh three-figure EUR mn\u201d range,<\/strong> with Masdar covering 49% of costs. Earlier media estimates pegged the investment near EUR 700 mn, the state news agency added. The JV structure will see one managing director from each side.<\/span><\/p>\n

About time: <\/strong>Masdar and OMV inked<\/a> a letter of intent to partner in producing green hydrogen, sustainable synthetic fuels, and chemicals in the UAE, Austria, and Central and Northern Europe back in April. Both companies previously signed<\/a> a Heads of Terms agreement to develop a large-scale green hydrogen plant back in 2023.<\/p>\n

OTHER RENEWABLES NEWS- <\/p>\n

EPo<\/strong>intZero \u2014 the decarbonization arm of 2PointZero, an IHC-linked firm \u2014 and Egypt\u2019s<\/strong> Elsewedy Electric signed a head of terms agreement to develop <\/strong>up to 300 MW of solar power in Zambia<\/strong>, according to a statement<\/a>. No further details were disclosed for the project.<\/p>\n

Expanding the footprint: <\/strong>EPointZero acquired<\/a> a 1 GWh electrostatic energy storage system in May from renewables outfit Enercap to be deployed across UAE electrical grids. It also signed a framework for action<\/a> with Masdar and TotalEnergies in July to accelerate clean energy access across Africa and Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"

The facility is slated to come online by end-2027 with 140 MW of electrolysis capacity, targeting annual output of up to 23k tons of green hydrogen<\/p>\n","protected":false},"author":1,"featured_media":109193,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[143,7,60,171],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-109192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-energy","tag-enterpriseam-uae","tag-ma-watch","tag-masdar","wpautop","entry"],"acf":{"mongo_id":"10c74ea8-558e-4af2-96cc-5347ddda421a","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/451.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Masdar buys into OMV\u2019s Austria hydrogen project","related_issue":[109182],"teaser":"The facility is slated to come online by end-2027 with 140 MW of electrolysis capacity, targeting annual output of up to 23k tons of green hydrogen","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.50f51db1-6afd-4e35-91f1-ec19a694baa0.mp3"},"yoast_head":"\nMasdar buys into OMV\u2019s Austria hydrogen project - 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