Genex Power has changed plans for its Kidston Hybrid Project in Queensland to incorporate a co-located 150MW/600MWh BESS.

Japanese power company J-Power has completed its takeover of Australian renewable energy and energy storage developer Genex Power in a deal worth AUS$351 million (US$229 million).

Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.

Genex Power has now achieved financial close on its 50MW/100MWh battery energy storage system (BESS) project in Queensland, Australia. 

Genex Power has “secured the final piece” of its project finance package for Bouldercombe Battery Project in Queensland. 

Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.