en.Wedoany.com Reported - OX2 is advancing two new energy projects in Poland. The Lion Solar Farm in the city of Sława is the company's largest solar project to date, with an expected annual power generation of approximately 184 GWh after commissioning, sufficient to meet the annual electricity needs of about 51,000 households. The project secured support for renewable energy generation in the capacity auction held in December 2024.

The energy storage facility in Osiek Jasielski is OX2's first battery project in Poland, with an installed capacity of 50 MW and an energy storage capacity of 120 MWh. The facility received support in the main capacity market auction for 2027 and has signed a 17-year agreement. This energy storage facility will provide flexibility to the Polish power system, helping to more effectively integrate renewable energy and supporting grid stability.

Matthias Taft, CEO of OX2 AB, stated that the Osiek energy storage facility and the Lion Solar project together strengthen OX2's position in the Polish market, enhancing the reliability and stability of the company's long-term revenue base through increased assets. The Osiek energy storage facility enhances system flexibility, supporting the integration of more renewable energy, while the Lion Solar project brings stable production and long-term value creation. These projects reflect the company's commitment to building a balanced and resilient asset portfolio that supports the national energy transition.

OX2 has secured long-term project financing from NORD/LB and CaixaBank.

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