Genex Power has announced that its subsidiary, K3W Project Co, has entered into a ten-year power purchase agreement with EnergyAustralia for the 258MW Kidston Stage 3 Wind Project (K3W).
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Genex Power offers a diverse Australian renewable energy & storage portfolio
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250MW Kidston Pumped Storage Hydro Project
Genex Power’s Kidston Pumped Storage Hydro Project (K2-Hydro) is the company’s flagship project encompassing the Kidston Clean Energy Hub. K2-Hydro is sized at 250MW and can operate continuously for 8 hours (2000MWh) – acting essentially as a giant water battery. Once operational, K2-Hydro will be maintained and operated by EnergyAustralia under an Energy Storage Services Agreement for up to 30 years.
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