OX2 has agreed to purchase project rights for the 170-megawatt Halsingeskogen wind power project in Sweden from landowner Stora Enso.
The planned wind farm will include 37 wind turbines and produce 380 gigawatt hours of electricity annually, enough to power 72,000 households per year.
“Wind power needs to be quadrupled if Sweden is to reach the national goal of 100 percent renewable electricity production by 2040, according to the Swedish Energy Agency's and the Swedish Environmental Protection Agency's wind strategy,” said Hillevi Priscar, country manager Sweden at OX2, who added the conditions for a wind farm in Ovanaker are good.
Financial terms of the agreement were not disclosed.
