Genex Power Archives - RenewEconomy

Renewables

Japanese energy giant gets FIRB tick for Genex bid, lays out plans for big wind project
Genex gets FIRB approval for the bid by J-Power, and lodges an EPBC application for its big Kidston wind farm.
Rachel Williamson

Jun 17, 2024

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Storage

New big battery trumps solar farms to become top earner for Genex as it cashes in on market volatility
The battery, which only switched on in December, is the star of what Genex describes as a “very solid” third quarter of revenue.
Sophie Vorrath

Apr 29, 2024

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Hydrogen

Crunch time for Forrest’s big green hydrogen plan as energy costs bite
Andrew Forrest’s first major green hydrogen production project in Australia – at the Gibson island ammonia plant in Queensland – is facing crunch time in coming weeks over whether it can go ahead or not.
Giles Parkinson

Jan 25, 2024

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Storage

“Extremely significant:” Genex hails Kidston pumped hydro tunnelling milestone
Genex Power hails “extremely significant” milestone as it moves one step closer to starting fit-out works for its pumped hydro power station in Queensland.
Sophie Vorrath

Nov 3, 2023

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Battery

Genex eyes trebling of revenue, says new battery already “sopping up” negative prices
Genex says its revenue will increase threefold over next three years, with its growing storage portfolio and the “tremendous opportunity” of volatile grid pricing.
Sophie Vorrath

Sep 4, 2023

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Storage

Genex secures new finance to shore up pumped hydro and fund big battery plans
Genex Power secures $44.5m funding deal with J-Power to bring home flagship pumped hydro project and drive development of huge Bulli Creek battery.
Sophie Vorrath

Jun 30, 2023

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Renewables

Genex Power names new CEO to lead big battery and pumped hydro charge
The changing of the guard comes as Genex prepares to power up its first big battery, the 50MW/100MWh Bouldercombe project in Queensland.
Sophie Vorrath

May 10, 2023

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Storage

Genex takes delivery of all 40 Tesla Megapacks for Bouldercombe big battery
Genex Power marks “key milestone” for its first big battery, the 50MW/100MWh Bouldercombe project near Rockhampton in Queensland.
Sophie Vorrath

Mar 13, 2023

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Solar

Genex refinances solar farms to help it cash in on high spot market prices
Genex Power announces refinancing move to better profit from its solar generation assets, including the consistently high performing Kidston project.
Sophie Vorrath

Jul 6, 2022

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Storage

Genex remains upbeat on pumped storage in result dented by solar plant outage
Genex says its pumped hydro plans at Kidston remain “an outstanding opportunity for large-scale energy storage,” in a half-year result marred only by Kidston solar plant outage.
Sophie Vorrath

Mar 2, 2020

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