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Genex Power inks energy storage deal with EnergyAustralia

Power News - Published on Mon, 24 Dec 2018

Image Source: Small Caps
Smallcaps reported that electricity company Genex Power has partnered with EnergyAustralia on a long-term energy storage services agreement and equity investment for Genex’s planned 250-megawatt Kidston pumped storage hydro project. The project is the second stage of a renewables energy hub being constructed by Genex in far-north Queensland and considered by the state’s government to be “critical infrastructure”.

When complete, the hub will comprise a 50MW solar farm (known as KS1, which reached practical completion this month), a multi-staged 270MW integrated solar farm (K2-Solar), the 250MW hydro project (K2-Hydro) and a 150MW Stage 3 wind project (K3-Wind).

Source :

Posted By : Rabi Wangkhem on Mon, 24 Dec 2018
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