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Genex solar farm in Kidston, Queensland, close to the site of the 2GWh PHES plant the company has under construction. Image: Genex.

2GWh pumped hydro storage plant in Australia achieves financial close, project set to go ahead

May 20, 2021
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.

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