500MW! Sweden's OX2 acquires Greek wind and solar projects
2022-03-29
500MW! Sweden's OX2 acquires Greek wind and solar projects
Swedish renewable energy developer OX2 AB said it has acquired a portfolio of two wind and solar development projects in Greece with a combined capacity of more than 500 megawatts.
The names of the suppliers and the financial details of the purchase are kept confidential.
The specific programs are distributed all over Greece and are currently in different stages of development. Details about its capacity and target debug are not provided.
OX2 said it will work with "experienced local co-development partners" on these projects. In addition, it will also pursue other renewable energy opportunities to further expand into the Greek market.
"Greece is a very interesting market for OX2," said chief executive Paul Stormoen.
Greece is aiming for renewable energy to account for 61% of its electricity consumption by 2030. The main contributing technologies will be solar and wind, with new target deployments exceeding 5 GW and 3 GW respectively.
About News
- How to improve the activity of Vanadium Redox Battery electrode?
- Significance of battery echelon utilization
- World's largest lithium-vanadium hybrid energy storage system starts up at Oxford Energy Centre
- Advantages of vanadium redox battery
- Advantages of all-vanadium redox flow batteries
- Vanadium battery market and application
- Lithium battery processing equipment is used for crushing device for scrapped lithium ion power battery
- Tiny battery-free sensing device floats with the wind
- The UK invested £ 6.7 million to support 24 innovative energy storage technology projects
- Vanadium could be the next strategic resource
Products