Genex Launches Procurement for 775-MW Solar Project

• Genex Power launches 775-MW solar project in Queensland, boosting renewable energy and aligning with global solar trends.

Genex Power, a subsidiary of Japan's Electric Power Development Co Ltd, has initiated the procurement process for the first stage of its Bulli Creek solar and battery project in Queensland, Australia. This stage involves the development of a 775-MW solar power facility.

The Bulli Creek project is part of Genex's broader strategy to expand renewable energy capacity in the region. The initiative underscores the company's commitment to sustainable energy solutions and aligns with global trends towards increased solar power adoption. The project is expected to significantly contribute to Queensland's renewable energy targets.

How will Genex Power's Bulli Creek project impact Queensland's renewable energy goals?

• The Bulli Creek project will help Queensland achieve its target of 50% renewable energy by 2030 by adding substantial solar capacity.
  
• It will enhance the state's energy security and reduce reliance on fossil fuels, contributing to lower carbon emissions.
  
• The project will create jobs and stimulate economic growth in the region, supporting local communities.
  
• By integrating battery storage, the project will provide more stable and reliable energy supply, addressing intermittency issues associated with solar power.
  
• It will position Queensland as a leader in renewable energy innovation and infrastructure development in Australia.
• The project will attract further investment in renewable energy, encouraging more projects and technological advancements in the sector.