Genex Power Archives - Renew Economy

Renewables

Start date for Australia’s first pumped hydro project in 40 years delayed again, wind farm may be dumped
The start date for the first pumped hydro project in four decades pushed out to 2027, as developer also says it is rethinking its already shrunken wind component.
Rachel Williamson

May 13, 2026

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Solar

Australia’s largest solar project changes shape as owner brings forward big battery to beat solar duck
Australia’s largest solar and battery project changes shape and will be built in smaller chunks after equity investors baulked at funding a standalone solar farm.
Rachel Williamson

May 13, 2026

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Solar

Australia’s biggest solar project to be built in chunks to manage increase in negative prices
Australia’s biggest solar project likely to be rolled out in smaller chunks because of the impact of negative wholesale prices, and despite plans for a big battery.
Rachel Williamson

May 5, 2026

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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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