OMV and Masdar Sign Agreement for the Development and Operation of a 140 MW Electrolysis Plant in Austria
OMV and energy company Masdar have signed a binding agreement to establish a joint venture that will finance, build, and operate a 140 MW electrolysis plant in Bruck an der Leitha. The project is one of the largest of its kind in Europe and is intended to be a key component in the decarbonization path of the OMV refinery in Schwechat.
Construction of the plant began in September 2025, with comm