Genex Power Explained

Genex Power is an Australian electricity generation company.

The firm owns the Kidston Solar Project[1] which has been generating up to 50 MW of electricity since 2017, as well as the Jemalong Solar Project.[2] It is developing the associated Kidston Pumped Hydro storage[3] using the abandoned Kidston Gold Mine.

Genex Power also operates the Bouldercombe 50MW/100MWh battery,[4] located near Rockhampton. The company is has also proposing to expand the solar farm and adding a wind farm in the same area,[5] as well as a solar farm and battery at Bulli Creek, Queensland.[6]

In 2024, it was announced that the Japanese J-Power had completed the purchase of the Australian company in a deal valued at $228 million.[7]

Notes and References

  1. Web site: 50MW Kidston Solar Project . Genex Power . 23 November 2023.
  2. Web site: 50MW Jemalong Solar Project . Genex Power . 23 November 2023.
  3. Web site: 250MW Kidston Pumped Storage Hydro Project . Genex Power . 23 November 2023.
  4. Web site: 50MW/100MWh Bouldercombe Battery Project . Genex Power . 23 November 2023.
  5. Web site: 258MW Kidston Wind Project . Genex Power . 23 November 2023.
  6. Web site: Bulli Creek Clean Energy Project . Genex Power . 23 November 2023.
  7. Web site: J-POWER completes acquisition of Genex . Asian Power. 2024-10-30. en.