Genex Power

Last updated

Genex Power
ISIN AU000000GNX5  OOjs UI icon edit-ltr-progressive.svg
Industry electricity generation   OOjs UI icon edit-ltr-progressive.svg
Headquarters
Sydney   OOjs UI icon edit-ltr-progressive.svg
,
Australia  OOjs UI icon edit-ltr-progressive.svg
Revenue10,390,000 Australian dollar (2020)  OOjs UI icon edit-ltr-progressive.svg
Owner
Website www.genexpower.com.au   OOjs UI icon edit-ltr-progressive.svg

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]

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References

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