OX2 has commenced construction of the Muswellbrook solar farm and battery project in New South Wales, Australia. The project features 135 MWac of solar capacity and 100 MW of battery energy storage system (BESS). The project has also secured a long-term hybrid power purchase agreement with an international offtaker covering both solar generation and battery storage. Construction for the project is expected to complete in 2028.

The project is expected to generate around 347 GWh of clean electricity annually, sufficient to power roughly 52,000 homes. OX2 entered the Australian market in 2023 and has since built a project development portfolio exceeding 3 GW across solar, wind and energy storage projects in Victoria, New South Wales, Queensland, South Australia and Western Australia.

In February 2026, OX2 made a final investment decision to develop energy storage projects with a combined capacity of 235 MW/470 MWh, in Finland. The projects will be co-located with the Kannisto and Korkeamaa wind power projects, both of which reached investment decisions in December 2025. Construction is scheduled to begin immediately, with commissioning expected in 2028.