Renewables developer OX2 has acquired Western Australia’s first onshore wind project with a planned installed capacity of 1GW.
The project, located north of Perth, is in the early development stage and will feature a 100MW battery energy storage system.
The wind energy project involves collaboration with 20 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 enhance its renewable energy portfolio in the region.
OX2 Australia Director Rachel Watson said: “This is a great achievement for our team in Australia. It delivers on the promise made when OX2 entered Australia, that the company would expand into onshore wind energy.
“We are looking forward to realizing this project, our first in Western Australia. Australia is on a path to decarbonisation and has great opportunities to leverage its natural resources with excellent conditions for wind and solar.
In September 2024 on OX2 I agreed to sell A 119 MW AC solar farm in Victoria, Australia to an undisclosed buyer.
The company 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 Australian households. The project is expected to start operating by 2027.
“Swedish company OX2 buys 1GW onshore wind project in Australia” Originally created and published by Energy technologywhich is a trademark of GlobalData.
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