Austria’s government has outlined a roadmap to decarbonize the electricity sector by 2030 and achieve carbon neutrality by 2040, which can be found in their National Energy and Climate Plan (NECP). Austria has developed a strong renewable energy pipeline of green energy infrastructure assets, in 2020 it was reported that 78% of the country’s electricity was generated from renewable energy sources. The majority of this energy was produced by hydro, which accounts for 55-67% of the total which is generated by 130 hydro plants located in the Austrian Alps and run-of-river power plants. To achieve the plans set in the roadmap, Austria will also rely on energy production from independent companies. This article will introduce three key Austrian IPPs that can be found on our list of the largest European IPPs.
RP Global – wind, solar and hydro IPP based in Vienna
With over 35 years of experience, the firm has developed projects in Spain, Portugal, Italy, France, Poland, Croatia, and Serbia. RP Global has a project pipeline in excess of 10GW consisting of wind, solar, and hydro assets. Headquartered in Vienna, the firm aims to build upon its position in the European green energy sector. In particular, the group has forged a strong foothold in the Polish market with over 1GW of solar and wind projects developed in the country over the last 4 years. Likewise in Spain, RP Global will have developed 2GW of wind and solar projects by 2024 thanks to a partnership with Spanish developer Tartessos.
A-Enviro GmbH – wind and solar IPP based in Vienna
Headquartered in the country’s capital, A-Enviro is a global IPP responsible for the development of wind, hydrogen, and solar projects. The Austrian group has two decades of experience developing projects in Spain, Italy, and Chile. A-Enviro has a proven track record having developed nearly 1GW of solar and wind projects on an industrial and utility scale. In 2014, the Austrian group struck a partnership with AustrianSolar to develop three solar assets in Chile.
Green Source – solar IPP based in Vienna
Founded in 2006, Green Source has become a specialist developer of solar projects across Central and Eastern Europe. To date, the firm has developed over 332MW of solar assets and invested €820m in green energy infrastructure assets located in the Czech Republic, Slovakia, Croatia, Romania, Russia, and Hungary. The firm has 9 projects located in Russia with an installed capacity of 135MW and 3 projects in Romania with an installed capacity of 115MW. The Vienna-based group aims to accelerate its growth with a project pipeline of 1.5GW which it aims to complete over the next 4 years.
Image Source: Dan Meyers via Unsplash (30.06.23)
