OX2

Swedenox2.com

OX2 is a Sweden-based renewable energy company that develops, builds, and manages large-scale onshore and offshore wind and solar power projects. The company operates across multiple European markets, delivering utility-scale renewable electricity and providing project development, construction management, and asset management services to investors and industrial customers.

For energy-intensive sectors such as chemicals, OX2’s projects enable access to reliable green power for electrification and electrolysis. The company is also advancing initiatives in energy storage and power-to-X, including green hydrogen, which can serve as a low-carbon feedstock for applications such as ammonia and sustainable fuels. Through these activities, OX2 supports the decarbonization of industrial value chains by expanding the availability of competitively priced renewable energy.

Projects OX2 is involved in

chemXplore tracks 3 projects involving OX2, of which 3 are active.

OX2's role on them: Owner, Investor / Financier, Operator, and Developer.

1 Announced / Concept 2 Under Construction

3 new construction.

Expected to start operating
2026
none
2027
none
2028
2 projects
2029
none
2030
1 project
2031
none
What moved recently
  • 25 February 2026 OX2 Korkeamaa BESS Project, Soini, Finland · Under Construction · Finland
  • 25 February 2026 OX2 Kannisto BESS Project · Under Construction · Finland

Contractors and offtakers are recorded on 2 of these 3 projects For subscribers

Targeting: Ammonia (1), Hydrogen (1)

Follow these projects in chemXplore →

Latest news on OX2

25 February 2026
Statkraft–OX2 7‑year PPA to optimise two Finnish BESS (110 MW/220 MWh and 125 MW/250 MWh)

Two large-scale BESS (110 MW/220 MWh and 125 MW/250 MWh) will be optimised from 2028 under a seven-year PPA with a revenue-floor to support financing; co-located with wind sites.

25 February 2026
Statkraft and OX2 Partner on Finland Battery Storage Optimization

Statkraft will optimize two large-scale battery systems in Finland, enhancing grid stability and renewable integration, starting in 2028 with a seven-year agreement.

28 August 2024
Lhyfe, OX2, and Velarion to Create 300MW Green Hydrogen Cluster in Ånge, Sweden

The project in Ånge will combine wind power and green hydrogen to produce carbon-neutral products, including a green ammonia fertilizer plant, boosting local industry and job creation.

Where its projects are

By country, the most active first. active / all projects