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Read the latest headlines about developments in the international renewables industry in Vienna and Austria
Austria International Renewables Industry News
Official Visit of President of Hungary - Criticism of Expansion of Paks Nuclear Power Plant
President János Áder of Hungary paid an official visit to Austria. The main topic of discussion between Áder and Austrian Federal President Alexander Van der Bellen was climate protection.
February 25, 2019
Kurz Met Bill Gates: "He is a Source of Inspiration"
Federal Chancellor Sebastian Kurz met billionaire and Microsoft founder Bill Gates at the EU summit in Brussels. Gates was in Brussels this week to create a pilot fund that will invest €100 million in European companies working to stop climate change.
October 19, 2018
Austro-Arab Energy Community Meets in Vienna to Discuss International Cooperation
The 10th Arab-Austrian Economic Forum & Exhibition took place in Vienna yesterday, organized by the AACC Austro-Arab Chamber of Commerce in cooperation with the City of Vienna and the Regional Center for Renewable Energy and Energy Efficiency (RECREEE). Under the general theme "Energy Transition - Urban Technology and Sustainable Cities", New Opportunities for International Cooperation and Partnerships, representatives from EU institutions, international organizations, funds, European and international financial institutions as well as ministers and high-ranking personalities from the Arab economy met representatives of the local economy, politics and business community. Participants included Nabil R. Kuzbari, Richard Schenz, Michael Ludwig, Omar Al-Rawi, Mahdi Allak, Johannes Peterlik, Samir Koubaa, Michael Esterl and Li Yong.
October 2, 2018
Vienna Energy Forum and the R20 Austrian World Summit 2018: Feedback of a Participant
At the Vienna Energy Forum and the R20 Austrian World Summit recently held in Vienna, Beatriz Mayor of IIASA - International Institute for Applied Systems Analysis also participated, who shares her interesting insights as follows.
June 6, 2018
Top Energy Events Put Vienna in the Focus of the Global Clean Energy Economy
The Vienna Energy Forum 2018 in May in Vienna brings together a multitude of people and institutions to discuss and solve the key questions of the present on the topic of energy. Among them are heads of state, ministers, energy experts, representatives of international and non-governmental organizations, academia, civil society and the private sector. The PFAN Climate and Clean Energy Investment Forum and the R20 Austria World Summit are also part of this huge event. This event, sponsored by Arnold Schwarzenegger, is a high-level summit about leadership on implementing the Paris Climate Agreement and the United Nations Sustainable Development Goals.
April 19, 2018
OSCE: "Reliable, Affordable and Sustainable Energy Supplies are Prerequisite for Stability and Security"
Energy experts from the OSCE Mediterranean Partners for Co-operation, representing both government institutions and private sector companies, will begin a week-long field study of sustainable energy in Austria and Germany.
July 12, 2016
Activ Solar Files for Reorganisation in Austria, Debts Reach EUR 500 Million
Vienna-based Activ Solar GmbH announced that it is bankrupt and that it has filed for reorganization in Austria due to its investment exposure in Ukraine. The company has amassed debts to the tune of EUR 500 million.
February 10, 2016
Klaus Toepfer to Give Keynote Speech at Economic and Environmental Forum in Vienna
Good governance in the OSCE area, reinforcing security and stability through co-operation, will be theme of the 24th Economic and Environmental Forum and the 1st Preparatory Meeting taking place on 25 and 26 January in Vienna. The meeting will focus on good environmental governance to enable sustainable economic development.
January 22, 2016
US Company Contour Moves European Headquarters from Paris to Vienna
The Vienna-based European headquarters will be the strategic centre for all thermal and renewable energy facilities in Austria, Italy, Czech Republic, Romania, Poland, Slovakia, Bulgaria, Armenia, Spain, Northern Ireland and Ukraine.
December 11, 2015
Historic Iran Nuclear Deal Likely to be Announced Early Tuesday
Officials negotiating in Vienna's Palais Coburg say nothing is confirmed, but a deal will possibly come in the early hours of the morning. Iran’s Foreign Minister Mohammad Javad Zarif said an Iran nuclear deal would not be ready to be announced July 13, as China’s Foreign Minister urged the P5+1 and Iran to finalize the accord.
July 13, 2015
BioEnergy International Expands Business in the USA
Listed technology company BDI BioEnergy International AG has been awarded with a contract for a plant optimisation project in California by Crimson Renewable Energy LP. The contract volume is in the lower single-digit million Euro range.
October 20, 2014
Analysis: The South Stream Gas Pipeline
Due to the signing of the South Stream agreement between OMV and Gazprom for the Austrian part of the pipeline during Putin's visit to Vienna, we take a look at the background of the project.
June 25, 2014
Fischer: Room for Further Trade with Albania
Austrian President Heinz Fischer was paying a visit to Western Balkan States.
May 22, 2014
Czech Arca Capital to Invest in Romania
As reported by daily E15, Czech investment group Arca Capital is planning to make a huge investment in Romania.
May 12, 2014
Czech Republic: Rosatom to Complete Temelin?
Russian State Atomic Energy Corporation Rosatom presented an offer to complete the units of the Czech nuclear power plant Temelin.
May 12, 2014
Calls for European Energy Union Become Louder
Polish PM Tusk called for a European energy union. His Hungarian counterpart supports the idea.
May 9, 2014
Romania Keeps Majority Stake in Romgaz
Romania´s government will privatize 15% of the country´s biggest natural gas producer. The opening of the economy to foreign investors bears potential dangers.
October 12, 2013
Wifo: Economy Remains Competitive Despite High Wages
Head of Wifo (Austrian Institute for Economic Research), Karl Aiginger, calls for a change of views in economic policy as competitiveness is more than just low costs.
September 18, 2013
Romania: Austrian Investors Demand Transparency
In an interview with Business Review Romania, Rudolf Lukavsky, commercial counselor for Romania and Moldova at the Austrian Embassy described the downsides and advantages of the economic environment in the country.
September 17, 2013
Electricy Thieves Caused Losses for EVN in Bulgaria.
Austrian energy provider EVN lost € 800,000 because of electricity thieves.
August 27, 2013
Slovenia: Decrease of Net Electricity
In the seven months of 2013, Slovenia's total consumption of electricity decreased for less than 1% over the same period one year ago.
August 27, 2013
Bulgaria and Romania to Strenthen Relations
Bulgaria and Romania plan to strengthen relations at bilateral, regional and European level.
August 26, 2013
Moody´s Downgrades Austrian Verbund
The rating agency lowers the rating of the Austrian energy group from „A3“ to „Baa1“.
August 2, 2013
Austria: Verbund to Take Austerity Measures
Only a few months ago, CEO of Verbund Wolfgang Anzengruber promised that “2013 will become the best year in the company’s history”. However, there have been bad news for the energy company ever since.
August 1, 2013
EVN Forced to Lower Electriciy Prices in Bulgaria
Austrian energy provider EVN is ordered by the regulator to drop electricity prices.
July 30, 2013
Renewable Energy: Only Decent Growth Rates
2012: Share of eligible renewable energy consumption in Austria increased by 1% .
July 19, 2013
Serbia to Invest € 10bn in Energy Sector
Serbia will invest € 10 bn in the development of the energy sector in the next eight years.
July 12, 2013
Austria: EVN Hits Brakes with Expansion of Solar Energy
The fast expansion of solar electricity in the province of Lower Austria is straining the power supply system. EVN is therefore limiting the power supply for some projects. Plant operators are infuriated.
July 11, 2013
Poland To Enhance Supervision Over State Companies
Around twenty state-controlled enterprises will be watched more closely.
July 2, 2013
EVN Arbitration Proceedings Against Bulgaria to Start
EVN AG commences investment treaty arbitration against the Republic of Bulgaria.
June 21, 2013
Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"
State Secretary Lopatka on DARUM EUROPA information tour.
June 18, 2013
Changes at EVN: Reduction of the Board
The Supervisory Board of EVN AG has decided in its meeting on June 12th, not to fill the vacant position due to the retirement of the Member of the Board Herbert Pöttschacher.
June 13, 2013
Verbund to Write Off Gas Power Plants
During an analyst’s conference in London and after the closing of the stock exchange, energy company Verbund announced dampened earning prospects.
June 13, 2013
Verbund Puts Wind Farms in Romania into Operation
One of the largest onshore wind farms of Europe with a 225 megawatt capacity near the Black Sea coast.
June 13, 2013
Czech Republic: Russia to Offer Significant Investments in Return for Temelin Tender
Czech Prime Minister Necas emphasized on the transparency of the decision.
May 28, 2013
Romania to Enhance Shale Gas Production
Romania has announced to soon launch further tenders to increase the exploration of shale gas.
May 27, 2013
Poland: Hold on Tax to Attract Investors
Hydrocarbons tax on hold till 2020 to enhance investments in shale gas.
May 23, 2013
Bulgaria to Table Bill of Amendments in Energy Sector
New regulations will be drafted when caretaker government leaves office.
May 23, 2013
Bulgaria: CEZ to Keep License
Former PM Borisov had been critical of CEZ in Bulgaria. Energy Minister Vasilev annouced the power supplier would not lose its license.
May 13, 2013
Czech Republic: Extraordinary Income Boosts CEZ Results
Increase in net profits by 24 % results from revenues from the certificates and integrations.
May 8, 2013
Austria: EVN Results Expected to Be Below Estimates
EVN specifies expected consolidated Group net profit as of 09/30/2013
May 2, 2013
Verbund: Result Decreased Significantly by 40.3 %
Negative Earning Trend for Quarter 1/2013 in a difficult energy and general economic environment.
May 2, 2013
Turkey: CEZ Partner to Sell Stakes
CEZ's Turkish JV partner Akkok in talks about possible sale of its stake in SEDAS
April 30, 2013
EU Ready to Adopt Measures Over CEZ in Bulgaria
Van Rompuy promised to take actions during his visit in Prague.
April 29, 2013
Foreign Enterprises Complain About Romanian Policy Making.
Regulations in energy sector were changed overnight.
April 26, 2013
Verbund AG: Closing of The Asset Swap With E.ON
Verbund, Austria’s leading electricity company, and E.ON, one of the world’s largest energy providers, finalised the asset swap that was signed on 3 December 2012.
April 26, 2013
Czech Republic: New Rounds of Negotiations for Temelin Tender
Czech power provider CEZ has started another round of talks with bidders in the offer to extend the Temelin nuclear power plant in southern Bohemia.
April 24, 2013
EU Examines Bulgarian Electricy Market
On request of the Bulgarian Government, an expert group will examine the prices for electricity after the protests. Another issue is the independence of the energy regulator.
April 12, 2013
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