Oil and hydro players partner to build utility-scale PV in Austria

Facebook
Twitter
LinkedIn
Reddit
Email
The OMV-Verbund partnership will explore mostly-renewable projects in Central Europe but also Russia, Asia-Pacific and the Middle East (Credit: Verbung)

Austria’s solar ecosystem is to feature a new utility-scale project, sponsored by a €23-billion oil group and the country’s top utility.

Oil and gas conglomerate OMV and hydro specialist Verbund have struck a deal to deploy a 16MW installation in Weinviertel, a wine-making region northeast of capital Vienna.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The 60,000-panel park will stand on 200,000 square metres of land owned by OMV. It will be split into two sites, 9MW Schönkirchen and 7MW Neusiedl an der Zaya.

The 18GWh-a-year installation, set to become operational in Q4 2019, is designed to cover the needs of 5,500 households and slash CO2 emissions by 12,000 tonnes every year.

In a joint statement, OMV and Verbund explained the PV push is part of a new deal, meant to explore mostly-renewable generation and storage schemes to power the oil group’s operations.

The duo, partners since becoming co-shareholders of e-mobility firm SMATRICS in 2017, is now assessing projects in Austria, Germany, Romania but also the Middle-East, Asia-Pacific and Russia.

The agreement, the firms pointed out, includes examining the feasibility of an electrolytic hydrogen power plant, which could help curb industrial CO2 emissions.

According to IRENA, installed PV capacity in Austria stood at 1.4GW last year, short of neighbours Germany (45.9GW) and Switzerland (2.2GW).

The European state is expected by Wood Mackenzie to install a further 1.877GW between 2019 and 2024, breaking the 3.3GW cumulative mark by the latter year.

8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

May 24, 2024
Solar project developer Recurrent Energy has secured a €674 million (US$730 million) revolving credit facility to expand its European solar and battery energy storage system (BESS) portfolio.
May 24, 2024
Indian solar installations increased by over 400% in the first quarter of 2024 to the highest quarterly deployment levels in its history.
May 23, 2024
The flurry of recent tariff changes for solar imports to the US is likely to make products from Southeast Asia less attractive to buyers, according to renewables analysis firm Clean Energy Associates (CEA).
May 22, 2024
Over 200MW of new solar PV capacity will be brought online in New Zealand following two new partnerships established in the last week.
May 22, 2024
Singapore-headquartered solar manufacturer Maxeon has received a notice of non-compliance from the Nasdaq stock exchange for failing to file its financial statements on time.
May 22, 2024
Government has a “significant” role in providing routes to market, according to speakers at Solar Media’s Renewable Energy Revenues Summit.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 29, 2024
11am (EDT) / 5pm (CEST)
Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece