Business
Genex plans big battery in Queensland, seals equity deal with J-Power – RenewEconomy
Genex announces plans for big battery at Rockhamption, and locks in share deal with J-Power as it seeks to finalise equity financing for its Kidston pumped hydro project.
Listed renewable energy developer Genex Power has announced plans to build the first big battery in Queensland, a 50MW facility with 1.5 hours of storage that will it build in addition to the Kidston pumped hydro project in the north of the state.
The 50MW/75MWh Como battery storage project will be built near Rockhamption in central Queensland, with a view to entering the market for energy arbitrage and frequency and other grid services by the end of 2021.
The big battery proposal was unveiled…
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