Helmsec congratulates Genex Power on obtaining Qld Govt. prescribed project status

Friday, March 04, 2016

Genex’s pumped storage hydro and solar projects have moved a step closer with the Queensland Government under its state development laws declaring the project to be a prescribed project. 

By utilising redundant mining assets, Genex is creating the world’s first large scale energy project by capitalising on pre-existing infrastructure and mitigating significant construction costs.

Current design is for a 330MW hydropower plant and a 150MW solar PV array. 

More information on Genex can be read here.
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