Listed renewable and storage developer Genex has struck a “world first” revenue deal with Tesla for its Bouldercombe big battery in Queensland, which will feature Tesla Megapacks and Tesla’s Autobidder technology.
Genex Power signs offtake agreement with Tesla
Genex Power (GNX) pens an offtake agreement with Tesla Motors Australia for the Bouldercombe Battery Project in central Queensland. Under the agreement, Tesla will operate the project using its algorithm-based bidding system, Autobidder, which is designed to maximise the project’s revenue.
Energy storage a ‘game-changer’ on path to net zero by 2050
Neoen Australia chief executive Louis De Sambucy says utility-scale batteries will be the “game changer” to help Australia move towards net zero by 2050.
Tesla Megapacks picked for Genex Power’s 50MW / 100MWh battery project in Queensland
After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.
Genex picks Tesla batteries for 50-MW/100-MWh project in Queensland
The Sydney-based power generator said on Friday it has sealed a supply agreement with Tesla Motors Australia Pty Ltd after choosing it as preferred battery supplier.
Genex picks Tesla Megapacks for 100MWh standalone battery in Queensland
Genex Power says will purchase 40 Tesla Megapack battery units for its 50MW/100MWh Bouldercombe big battery in Queensland.
NSW is about to overtake the Sunshine State on large scale solar production
Queensland, the Sunshine State, is about to lose its mantle as the biggest state in Australia for the production ton of electricity from large scale solar.
Genex Power seizes the opportunities for renewable energy storage at the north end of the NEM
The first big battery to stand alone without government support, Bouldercombe Battery Project capitalises on Genex Power’s experience gained on the road to Kidston Clean Energy Hub.
ASX shares and the $41 trillion climate change investment opportunity
Climate change is an issue front of mind for many these days. Even companies are now viewing it as a credible risk to our way of life. ASX shares are likely to be impacted by climate change, but it could also reap huge benefits for companies working towards net zero emissions.
Explaining the $16.5 million write-down of Genex’s Jemalong Solar Project
Genex Power’s latest annual report makes inspiring reading, with its plans for repurposing of the Kidston Gold Mine into a renewable energy hub progressing through stages. Its Jemalong solar farm is also delivering to plan — what then of the write down?