Renewable energy developer OX2 has acquired its first onshore wind project in Western Australia with a planned installed capacity of 1GW.
Located north of Perth, the project is in the early stages of development and will feature a 100MW battery energy storage system.
The wind project involves collaboration with twenty landowners and will benefit from the expertise of the original project developers, who will continue to oversee the approval process alongside OX2.
This acquisition is in line with OX2’s strategy to diversify and strengthen its sustainable energy portfolio in the region.
OX2 Australia Country Manager Rachel Watson said: “This is a great achievement from our team in Australia. It fulfills the promise made when OX2 entered Australia that the company would expand into onshore wind energy.
“We look forward to delivering this project, our first in Western Australia. Australia is moving towards a low carbon economy and has great potential to utilize its natural resources with excellent conditions for wind and solar energy.”
In September 2024 OX2 agreed to sell a 119-megawatt AC solar farm in Victoria, Australia, to an undisclosed buyer.
The company has agreed to manage the construction process on behalf of the new owner.
OX2 will assume the technical and commercial management of the solar project through a five-year management agreement.
The solar farm is expected to generate 242 gigawatt hours of clean energy annually, enough to power 51,000 homes in Australia. The project is expected to be operational in 2027.
“Swedish firm OX2 buys 1GW onshore wind project in Australia” was originally created and published by Power technologya brand owned by GlobalData.
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