Austrian energy company OMV will receive up to €123m for development of what could be one of Europe’s largest green hydrogen plants.
The funding deal was signed by OMV and Austria Wirtschaftsservice – the promotional bank of the Austrian federal government.
OMV is currently building the 140MW plant in Bruck an der Leitha – a town in eastern Austria. The project was previously assessed and recommended for funding by the European Hydrogen Bank.
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