Renewable Energy Industry

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

REWE Group Focuses on Wind Power

6500 MWh of electricity per year are generated by wind turbines in the Lower Austrian Haindorf. The energy produced is bought by the REWE Group.

December 28, 2010

BDI - BioEnergy Builds Biodiesel Plant in Belarus

The Styrian company expands its operations to Belarus. The order value amounts to € 10m.

December 6, 2010

Andritz Criticized Because of Belo Monte Hydroelectric Power Plant

After being sharply criticized by church organizations because of a construction project in Brazil, the plant manufacturer now turns to the public.

December 6, 2010

Wind Energy: Austrian Suppliers Export for € 450 million

More than 100 domestic companies are already working in the rapidly growing industry. Cooperation is to be strengthened now.

December 2, 2010

Austria's Industry Welcomes Electricity Reform

Whereas Industrialists and the Economic Chamber (WKO) are asking for enactment today, the Umweltdachverband (UWD, Environmental Federation) is against it.

December 1, 2010

Renewable Energy: Great Potential, but Halted by Politicians

The Umweltdachverband (UWD, Environmental Federation) criticizes sharply the energy policy of the Austrian Government. Investments are made mainly in obsolete technologies

November 29, 2010

Verbund Completes its € 1bn Capital Increase

Vienna Stock Exchange listed Verbund AG successfully completed its capital increase and placed 39,215,686 new shares.

November 26, 2010

Austria's Energy Consumption Falls

The energy consumption of Austria decreased in 2009 compared with the previous year by 4%. Mainly industry and transport reduced their consumption.

November 23, 2010

Industry Welcomes EU Energy Infrastructure Package

Secretary General of the Federation of Austrian Industrialists, Markus Beyrer: the package is also important to achieve energy and climate objectives.

November 17, 2010

Wind Energy: Vendors Pressed for Time

Promotion for Austrian wind energy expires in 2012. The industry has only recently been able to set up new facilities.

November 12, 2010

Verbund: Further Expansion in Turkey

The power company intends to increase its presence in the rapidly growing Turkish market. But above all, investments will be made in Austria.

November 10, 2010

Windtec: World Market Leader In Only 5 Years

The Carinthian developer of wind turbines has catapulted in just five years to the the position of global market leader.

November 8, 2010

Umweltdachverband: Electricity Industry Power Plant List is Utopian!

Energy projects are unrealistic, alternatives have been ignored and the environment is neglected completely, according to the accusations.

November 8, 2010

Energy Industry: Tough Start for Expansion

The domestic energy industry has numerous plans to expand capacity. However, political will is containing them.

November 5, 2010

Energy Companies are Investing € 6.2 bn

Austria's electricity companies are currently planning the construction and expansion of more than 80 power plants.

November 4, 2010

Change of Leadership at Bewag?

According to reports, there are plans for a premature replacement of the board at the power company from Burgenland.

November 3, 2010

Energy Prices Rise Steeply

An increase of 6.7% was recorded for energy prices in the yearly comparison. The relevance of alternative energy sources will increase significantly in future, as energy price increases are expected to continue in the long term.

November 2, 2010

Verbund Group: Capital Increase has Been Determined

The capital increase for the biggest domestic electricity generator will allow large investments in energy infrastructure and thereby accelerate new power generation projects.

October 20, 2010

Energieallianz Austria Creates Subsidiary in Germany

Renewable energies are a rising trend. This has been recognized by the domestic Energieallianz Austria(EAA), a subsidiary of the energy provider for Vienna, Lower Austria and Burgenland.

September 30, 2010

Mitterlehner Meets Hendry: Development of Renewable Energies

The Finance Minister met with the British Energy Minister Charles Hendry for talks about the energy policy in the EU, the development of renewable energy sources and increasing the security of energy supply.

September 21, 2010

Energy - Three offers for Verbund power plants

Those interested are European companies. By mid 2011 the partial sale of Innkraftwerke shall be completed. Right now the current prospects review the economic documents.

September 7, 2010

Verbund calls extraordinary GM to decide on capital increase

Verbund appreciates positive decision of majority shareholder

September 3, 2010

Kelag with more sales and profits

Economic recovery brought growth for the Corinthian energy provider in the first half of 2010.

August 30, 2010

Siemens Group upgrades Austrian business location

Siemens Austria has been named the global interface for the small hydropower plant activities of the Group.

August 25, 2010

Eco World Styria - Styrians to outstrip U.S.

The network meets the future on the international market as "The World's Green Tech Valley": a success story.

July 16, 2010
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