Genex Power has announced a major new funding deal to bring home its flagship pumped hydro project at Kidston in Far North Queensland and drive development of the massive up to 2GW Bulli Creek solar and battery project.
RENEW ECONOMY: Genex switches on its first big battery project on time and on budget
Genex Power says it has turned on its first storage facility this week, a 50MW/100MWh Tesla battery storage facility in Bouldercombe near Rockhampton in Queensland that it says has been built on time and on budget.
RENEW ECONOMY: Genex takes delivery of all 40 Tesla Megapacks for Bouldercombe big battery
Genex Power says all 40 Tesla Megapack units have arrived on site at the 50MW/100MWh Bouldercombe battery project near Rockhampton in Queensland, marking a “key milestone” for the company’s first big battery.
RENEW ECONOMY: Solar farms drive first profit for Genex as focus turns to battery and hydro storage
Genex Power, the only remaining listed company in Australia whose business is focused around wind, solar and storage, has revealed its first ever net profit as it works on delivering its first battery storage and pumped hydro projects.