Genex Power has announced that its subsidiary, K3W Project Co, has entered into a ten-year power purchase agreement with EnergyAustralia for the 258MW Kidston Stage 3 Wind Project (K3W).
Listed renewable energy and storage developer Genex Power says it plans to build the biggest solar farm on Australia’s main grid after landing a huge 25-year off-take deal with iron ore billionaire Andrew Forrest’s Fortescue Metals.
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.
An abandoned gold mine in far north Queensland is set to become the world’s first co-located solar and pumped storage hydropower plant.
Genex has kick-started main construction works for its flagship pumped hydro energy storage project, commencing tunnel digging at the Queensland site.
Genex has started digging the tunnel for the Kidston project in Queensland.
Construction is underway on an innovative engineering project that will turn two retired mining pits in Queensland into a pumped hydro energy storage facility.
Featuring an innovative approach to integrating solar power and low-cost energy storage, Kidston is set to be the world’s first co-located solar pumped storage hydropower plant. Located in an abandoned gold mine in Queensland, Australia, once complete it will deliver ‘Renewable Energy on Tap’. ANDRITZ is supplying the electro-mechanical equipment for the pumped storage hydro elements of this ground-breaking new project.
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.
The latest findings from the most comprehensive climate report released to date have rattled ASX 200 shares today. What has been described as a ‘code red for humanity’, the report produced by the Intergovernmental Panel on Climate Change (IPCC) has unearthed some concerning conclusions.