Renewable Energy On Tap

Genex Power Limited is an ASX-listed company focused on developing a portfolio of renewable energy generation and storage projects across Australia.

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Clean Energy, On demand

Genex Power offers a diverse Australian renewable energy & storage portfolio

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About

Helping Australia meet its renewable energy targets

Genex Power Limited is an ASX-listed company focused on developing a portfolio of renewable energy generation and storage projects across Australia. The Company’s flagship Kidston Clean Energy Hub, located in north Queensland, will integrate large-scale solar generation with pumped storage hydro and wind energy.

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Infrastructure

Achieved Critical Infrastructure status for the Kidston Clean Energy Hub in Queensland.

Energy Storage

300MW of pumped hydro and battery in development or construction.

Portfolio

$1 billion in renewable energy assets.

Innovation

Commenced construction of Australia’s first pumped hydro project in 40 years.

Supplier

By 2025 we will provide clean energy to over 350,000 homes.

Opportunity

Over 1000 jobs generated from the development of Genex Power’s renewable assets.

Flagship Project

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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We're leading Australia’s transition to a clean energy future

Genex is committed to providing responsible stewardship of the natural resources over which we have control or influence. We believe that preserving, protecting and, where appropriate, remediating the natural environment is essential for the wellbeing of current and future generations.

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Latest Updates

Stay ahead of the curve with the latest thinking on renewables.

Striking gold on job front

Open-cut mine west of cairns set to unleash treasures on region as work kicks into gear a repurposed open-cut gold mine west of Cairns is set to deliver a jobs boom as major earth, electrical and mechanical works hit top gear following a construction start of the Kidston pumped hydro project’s upper reservoir.

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International Journal on Hydropower & Dams Issue 2, 2022: The global renaissance of pumped storage

In order to succeed in changing to a sustainable energy supply and also achieve climate protection goals, we have to build hydropower plants and also wind and solar farms all over the world. However, as wind turbines and solar cells don’t provide a regular supply of electricity, electrical energy storage devices will be needed on a large scale. Technologies like lithium-ion batteries alone will not suffice.

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Andritz Annual Report 2021: Success Story Hydro – Solar Gold

In order to succeed in changing to a sustainable energy supply and also achieve climate protection goals, we have to build hydropower plants and also wind and solar farms all over the world. However, as wind turbines and solar cells don’t provide a regular supply of electricity, electrical energy storage devices will be needed on a large scale. Technologies like lithium-ion batteries alone will not suffice.

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