Construction of Australia’s first pumped hydro project in several decades to begin after Genex locks in final contracts and finance.
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.
J-Power reaffirms commitment to Genex Kidston pumped hydro project following project delays.
Northern Australia Infrastructure Facility extends $610m loan funding offer for Genex’s Kidston solar, wind and pumped hydro project, after a vital off-take deal fell through.
Queensland government to tip $132m into new transmission line linking pumped hydro facility with main grid in move that will open up more wind and solar capacity.
Japanese utility and hydro specialist J-Power takes $25m stake in Genex Power, to help deliver the pumped hydro component of the Kidston solar and storage project.
Genex Power completes acquisition of 50MW Jemalong project in NSW, in bid to diversify, boost earnings, as flagship Kidston solar and pumped hydro storage project progresses.
Genex starts early works on the 250MW pumped hydro component of its Kidston Renewable Energy Hub, to keep up momentum as it awaits financial close.
Genex gets all clear to add 250MW pumped hydro storage to solar – and perhaps wind – at old Kidston gold mine in north Qld.
Genex Power’s Kidston solar and pumped hydro plant could provide 2000MWh of storage, and 8 hours of continuous generation, rather than six.