Annual Report to shareholders
Sydney, Aug 29, 2019 AEST (ABN Newswire) - Genex Power Limited is an Australian publicly listed company on the ASX (
ASX:GNX), focused on generation and storage of renewable energy. Genex is developing a clean energy hub in north Queensland, integrating large scale solar with pumped storage hydro. The Genex Kidston Clean Energy Hub is a world first, innovative integration of intermittent solar energy with low cost energy storage creating Renewable Energy On Tap. The Company is also developing the 50MW Jemalong Solar Project JSP, located near Forbes in NSW.
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https://abnnewswire.net/lnk/81L1R70Q
About Genex Power Ltd
Genex Power Limited (ASX:GNX) is focused on developing a portfolio of renewable energy generation and storage projects across Australia. The Company's flagship Kidston Clean Energy Hub, located in north Queensland, will integrate large-scale solar generation with pumped storage hydro. The Kidston Clean Energy Hub is comprised of the operating 50MW stage 1 Solar Project (KS1) and the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro) with potential for further multi-stage wind and solar projects. The 50MW Jemalong Solar Project (JSP) is located in NSW and provides geographical diversification to the Genex Power Limited portfolio. JSP was energised in early December 2020 and commissioning is now underway. Genex is further developing its energy storage portfolio via the early stage development of a 50MW/75MWh standalone battery energy storage system at Bouldercombe in Queensland. With over 400MW of renewable energy and storage projects in development, Genex is well placed as Australia's leading renewable energy and storage company.
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