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.
RENEW ECONOMY: Genex secures funds for Bouldercombe battery, flags more big battery projects
Renewable energy and storage developer Genex says it wants to grow its portfolio of big battery projects after securing funding to construct its first big battery project in Queensland.
CLEAN TECHNICA: There’s A New Kind Of Gold In Them Pits
An abandoned gold mine in far north Queensland is set to become the world’s first co-located solar and pumped storage hydropower plant.
RENEW ECONOMY: Genex starts construction at flagship pumped hydro storage project
Genex has kick-started main construction works for its flagship pumped hydro energy storage project, commencing tunnel digging at the Queensland site.
RENEWS.BIZ: Oz developer kick-starts 250MW pumped hydro work
Genex has started digging the tunnel for the Kidston project in Queensland.
CREATE DIGITAL: World-first Australian project repurposing mine pits for pumped hydro
Construction is underway on an innovative engineering project that will turn two retired mining pits in Queensland into a pumped hydro energy storage facility.
RENEW ECONOMY: Kidston pumped hydro construction to start this month after Genex locks in finance
One of Australia’s first pumped hydro energy storage projects for several decades is set to commence construction before the end of the month, with project developer Genex announcing it had signed off on the financial contracts need to fund the project.