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OX2’s Mid-Late Stage Portfolio Rises On Quarter

POWER

Swedish firm Ox2 has increased its mid-late stage project capacity at the end of 2Q compared to the previous, with its early stage volumes decreasing, it said.

  • The firm's mid-stage project portfolio rose to 16.7GW compared to 13.1GW in 1Q24, mostly due to offshore wind capacity climbing (see chart).
  • In comparison, its late-stage capacity is at 2.6GW from 2.4GW at the end of March – due to a rise in solar and battery storage volumes.
  • As a result, its early-stage capacity declined to 22GW from 25.9GW.


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