OX2 has acquired two standalone battery energy storage system (BESS) projects in Italy from Hanwha Energy Europe, adding a combined 200 MW/800 MWh to its energy storage portfolio in the country.

The portfolio comprises two 100 MW/400 MWh BESS facilities located in the Apulia region in southern Italy. According to the company, construction is expected to begin in the second quarter of 2027, with both projects scheduled to enter operation in late 2028.

"This acquisition is a substantial addition to our energy storage portfolio in Italy. It marks another step forward in OX2's continued expansion in the Italian market across onshore wind, solar and energy storage technologies. We are proud to further contribute to the Italian energy transition," said Paolo Tusa, Country Manager of OX2 Italy.

With the acquisition, OX2 continues to expand its presence in the Italian renewable energy market. The company said its development portfolio in Italy currently totals 1.5 GW across renewable energy projects.