Sweden’s OX2 acquires first onshore wind project in Australia

Wind farm on the Western Australia coast with green hills and ocean
Wind farm in Western Australia (Image: Shutterstock)

Swedish renewables developer OX2 has acquired its first onshore wind project north of Perth in Western Australia.

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The 1GW wind farm will include a 100MW battery energy storage system (BESS) and involves collaboration with 20 landowners.

OX2 Australia country manager Rachel Watson said, “This is a great achievement by our team in Australia. It fulfills the promise made when OX2 entered Australia, that the company would expand into onshore wind.

“We look forward to realising this project, which is our first in Western Australia. Australia is on the road to decarbonisation and has great opportunities to leverage its natural resources with excellent conditions for wind and solar power.”

OX2 entered the Australian market in 2023 through the acquisition of solar energy developer ESCO Pacific. Since the acquisition, three solar projects have been divested, and the growing local team is preparing to manage the construction of one of those projects.

Related article: Sweden’s OX2 buys Australian solar farm developer

OX2’s project development portfolio in Australia consists of solar projects of about 1GW and energy storage projects of 230MW in the states of Victoria, New South Wales, and Queensland.

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