Genex Power says its newly Bouldercombe Battery is already “sopping up” some of the negatively priced energy from cheap solar power flooding the Queensland grid, despite still being in the commissioning phase.
RENEW ECONOMY: Genex eyes trebling of revenue, says new battery already “sopping up” negative prices
Genex Power says its newly Bouldercombe Battery is already “sopping up” some of the negatively priced energy from cheap solar power flooding the Queensland grid, despite still being in the commissioning phase.
FINANCIAL REVIEW: Green energy’s holy grail takes shape 220 metres underground
A four-hour drive north-west of Townsville, Australia’s best bet for pumped hydro, Genex Power’s $777 million Kidston project, is being drilled 220 metres under an old gold mine.
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.