Page 3/4

Renewable Energy Industry

Verbund Sold Renewables Portfolio to Axa Private Equity

The Austrian electricity company disposed of Poweo’s renewable energy business as a step towards restructuring of its portfolio in France.

July 19, 2011

Green Tech Industry as an Important Factor in the Styrian Economy

The Styrian green tech cluster has grown twice as fast as the global market over the last five years. More than 5,500 new jobs have been created.

July 13, 2011

EVN Concludes Acquisition of Stake in Inn Power Plants

The Austrian electricity company purchased a 13% stake in Verbund’s hydroelectric power plants on the Inn river.

July 5, 2011

Peter Layr New President of Oesterreichs Energie

The CEO of EVN will succeed Wolfgang Anzengruber as President of the branch association of Austrian energy. He was elected for three years.

June 28, 2011

Verbund: New Wind Farm in Romania

The Austrian electricity company will invest “several hundred million euros” in 77 new wind wheels which will go into service in 2012.

June 17, 2011

Verbund Evaluating Future Options for Sorgenia

The Austrian electricity company and its partner, the Milanese industrial holding CIR, will decide about the future shareholder structure of their joint venture.

June 9, 2011

Nuclear Power Phase-Out Will Cost Austria € 600m

According to calculations by E-Control, Germany’s decision to close down its nuclear power plants will affect the Austrian economy.

June 9, 2011

CEO of Verbund Expects Steady Increase of Electricity Price

Anzengruber demands faster approval procedures for the expansion of infrastructure in order to keep prices on an affordable level.

June 1, 2011

Good Prospects for BDI

The manufacturer of biodiesel could realize rising profits in Q1/2011. However, sales were declining.

May 12, 2011

Romania Offers Export Opportunities for Austria's Environment Industry

18 top Austrian companies active in the areas of environmental technology and renewable energies are present in Bucharest.

May 12, 2011

Austria's Energy Industry Considers the U.S. as a Promising Market

The U.S. market offers opportunities for Austrian technology in solar systems, pellet stoves, biogas, biomass and software to control wind turbines

May 10, 2011

BDI Receives Major Order in Germany

Enbasys GmbH, a subsidiary of BDI-BioEnergy International AG receives a million-dollar contract with the biogas facility for the German SARIA-Rethmann Group.

May 6, 2011

Austria's Solar Industry Strives For Technological Leadership

The domestic solar energy industry calls for more research funding to ensure the continuation of success achieved also into the future.

May 4, 2011

Vorarlberger Kraftwerke: Increase in Net Profits despite Sales Decline

The regional energy company could raise operating profits by more than 13%. Production remained stable.

May 2, 2011

Greenpeace, vida and EVN: "Austria's Future in Energy is Renewable"

The switch to clean energy is possible by 2050, according to a current IHS study. It is to be achieved by halving the demand for energy.

April 30, 2011

voestalpine Awarded Major Contract in London

20.000 tons of pre-cut heavy-plate shapes from Linz, Austria, for windpark near London. Offshore wind tower project saving up to 560,000 tons of CO2 emissions.

April 30, 2011

Raiffeisen Postpones Stock Exchange Plans

The banking group has to postpone for two or three years the IPOs of the agricultural holdings NÖM and LLI planned for 2011.

April 29, 2011

WKÖ Considers Nevada as Optimal Trading Partner

Nevada is diversifying towards renewable energies: huge opportunities for Austrian companies are expected.

April 29, 2011

Verbund: Development of Operating Result Positive

Verbund, Austria's biggest electricity company, presents a considerable better operating result in quarter 1/2011, but a declining Group result due to one-off effects in the previous year that do not apply in the current reporting period.

April 28, 2011

Wind Power is an Important Economic Factor in Austria

The entire wind industry, including supply and service companies, offers jobs for approximately 3,300 employees in Austria and generated sales for € 470m in 2009.

April 28, 2011

Windtner Pleads for expansion of Electricity Grids

The CEO of Energie AG considers that an energy revolution is about to happen in an interview with the newspaper "Kurier". The relevance of electric vehicles is expected to grow slowly but steadily.

April 26, 2011

Surplus of Timber in Austria

More timber grows in Austria's forests wood than is harvested. The Chamber of Agriculture calls for looser terms of use.

April 23, 2011

Solid Delivers Solar Technology to the U.S.

The Styrian solar technology company has succeeded in winning three major orders from Arizona. Public buildings are to be supplied with solar energy.

April 23, 2011

Texas Offers Opportunities for Austria's Energy Industry

Texas imports goods for US$ 614m from Austria. There are prospects for growth in wind and solar energy above all other areas.

April 22, 2011

Fierce Criticism of Austria's Energy Policy

Anschober (Greens): "The Minister of Economy insists on the worst promotion policy of green electricity in Europe: this is hostile to the business and labor market"

April 21, 2011

Verbund Subsidiary Sorgenia Managed Turnaround

The Austrian-Italian joint venture Sorgenia reported a profit of € 6.8m for the first quarter 2011.

April 20, 2011

Isovoltaic Cancels IPO

The Austrian solar technology company, which should have realized the IPO this week, intends to put effort into its growth without a stock market listing.

April 16, 2011

Electric Mobility as a Topic of the Future for Domestic Enterprises

Austria's top politicians are expecting a high potential for Austria's economic landscape on occasion of the opening of the EL-MOTION congress.

April 14, 2011

Verbund: Expected Improvement in Earnings for 2011

Wolfgang Anzengruber, CEO of the Austrian energy group Verbund, foresees growth in earnings and a stable result for 2011

April 14, 2011

Renewable Energy as a Sustainable "Job Driver"

For the President of the Chamber of Agriculture (LK, Landeswirtschaftskammer Österreich), Gerhard Wlodkowski, renewable energies secure an edge on technology and high-quality jobs.

April 6, 2011

Green Jobs are Booming in Austria

Environmental production and services sector defies the crisis – 2009 employment increases by 3.7%.

April 5, 2011

Isovoltaic: IPO Fixed

The Austrian component supplier in the solar power industry will be listed at the Vienna Stock Exchange. The subsription period starts by Monday.

April 4, 2011

€ 110m Project for Andritz

The Austrian technology group Andritz will supply Francis turbines and generators for the Mica hydropower plant in Canada.

March 29, 2011

Isovoltaic Considers IPO in the First Half of 2011

The global market leader in the solar backsheet market considers listing on Vienna Stock Exchange as one possible option during the first half of 2011

March 25, 2011

Leitl Promotes Green Electricity Amendment

The Economic Chamber President welcomes the initiative of the Minister of Economy: green electricity is promoted, reduced the backlog of planned investments.

March 24, 2011 · Updated: March 24, 2011; 01:34

Disaster in Japan Stops Exports

Current events in Japan have an impact on foreign trade. About 70 Austrian companies are affected.

March 18, 2011

Manufacturing Industry Supports Reform of the Energy System

Federation of Austrian Industries: "Energy efficiency has to get back into focus, the development of hydropower is a priority for Austria"

March 17, 2011 · Updated: March 18, 2011; 01:24

Wlodkowski: "Renewable Energy is the Only Road for the Future"

The President of the Chamber of Agriculture calls for the promotion of renewable energies. A "Fossil-lobby" allegedly wants to prevent this.

March 15, 2011

Belo Monte: Construction Ban is Lifted

The recently imposed construction ban on the Brazilian building project was lifted in court. The dam has not to fulfill all requirements yet.

March 5, 2011

Increase in Electricity and Gas Consumption

Austrian electricity consumption rises to the level before the economic crisis. Gas consumption is also showing a new record.

February 16, 2011

Andritz: Order for Belo Monte is Firm

The French consortium Alstom, together with the German Voith and the Austrian Andritz, jointly supply the Brazilian Hydroelectric Project.

February 11, 2011

Verbund Intends to Grow in Italy and France

The Austrian-Italian joint venture Sorgenia is to expand its commitment to renewable energies in Italy and France.

February 9, 2011

Investments in Renewable Energies in the CEE are booming

According to a study by TPA Horwath, Austrian companies will expand massively their involvement in the field of renewable energies in the CEE region.

February 4, 2011

Four Major Orders for Andritz

The Austrian Andritz Hydro receives international orders to equip four hydropower plants. The contract value is € 80m.

February 4, 2011

Hope for Austria's Photovoltaic Industry

The development of alternative energy sources is being pushed by additional funding. EVN is also promoting alternative energies.

January 28, 2011

Verbund: Two Board Posts Vacant

The Austrian energy company advertises two executive board posts.

January 28, 2011

Austria's Energy Self-sufficiency until 2050

The Minister for the Environment, Nikolaus Berlakovich presents a study on the Austrian energy supply. Self-sufficiency until 2050 is feasible.

January 27, 2011

Andritz: Order in Portugal

The Austrian industrial plant manufacturer based in Graz reports an order for € 40m from the Portuguese power company EDP.

January 26, 2011

Austria's wind Energy Expands

After years of stagnation, capacities for wind energy are now being expanded again. IG Windkraft considers that subsidies are too low.

January 15, 2011

Green Electricity Costs are Rising in Austria

Transfer pricing for the E-business rises in 2011, depending on the type of production, between 2.7 and 25.6%

January 3, 2011