Sweden-based renewable energy company OX2 has sold a 119MWac solar farm located in Victoria, Australia, to an undisclosed buyer. OX2 will manage the construction of the solar farm, with completion targeted for 2027. After the project is commissioned, OX2 will also be responsible for managing the site’s technical and commercial operations under a five-year agreement. The solar farm is expected to generate 242 GWh annually, sufficient to power approximately 51,000 Australian homes. Following this sale, OX2’s project portfolio in Australia includes around 1 GW of solar energy developments and 230 MW of energy storage projects.
OX2 sells 119 MW solar farm in Australia
OX2 sells a solar farm project in Australia that will generate 242 GWh annually and powers 51,000 homes. (Photo Credit: Pixabay)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)