Genex Power

Genex Power selects PCL Constructors as preferred contractor for Bulli Creek solar park, a massive project set to revolutionize renewable energy in Queensland, Australia.

Genex Power Ltd and Fortescue Metals Group Ltd have partnered to provide Australia with its largest grid-connected solar park. With 25-year Power Purchase Agreement, 337.5 MW of the 450-775 MW capacity will be used to power Fortescue's planned green hydrogen and green ammonia facility. Bulli Creek solar project investment decision expected in 2024.

Genex Power has actually received debt authorizations on a AU$ 35 million (US$ 25.26 million) debt money facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia.

The driver of a 50MW solar center in North Queensland in danger of curtailment anticipates the trouble to be solved in the following couple of weeks.

Genex Power, ASX-listed power generation development company, has secured US$117m of investment for financing a new venture and refinancing an existing facility, both located in Australia, with 50 megawatts of capacity each.