Genex to take over 2 GW solar and battery project in Australia

Genex Power, an Australian energy company, has agreed to purchase the development rights to a 2 GW solar and battery energy storage system plant in Queensland. The Bulli Creek Clean Energy Project is situated in south-east Queensland, nearly 100 km southwest of Toowoomba. It will be developed in five phases on a 5,000ha area of land. Solar Choice, an Australian producer of solar energy equipment, will sell the project rights to Genex.

The first phase of the Bulli Creek project will involve developing a 400 MW/1,600 MWh energy storage facility. In the second half of 2024, Genex intends to make its final investment decision for this facility. A solar photovoltaic plant with a capacity of between 475 MW and 675 MW will be developed during the project’s second phase. It has also been proposed to construct out the project’s entire land capacity in subsequent stages.

In March 2021, the Australian Renewable Energy Agency committed to supporting Genex Power’s Kidston Stage 2 Pumped Hydro Energy Storage project. It is located at the former Kidston Gold Mine at the Kidston Clean Energy Hub in North Queensland. The project has a capacity of 250 MW/2,000 MWh, equivalent to eight hours of energy storage.

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