Genex starts work on Kidston pumped hydro storage

Work is set to begin on the pumped hydro storage component of Genex Power’s ground-breaking Renewable Energy Hub at Kidston, in North Queensland, as the company works to keep the massive project moving while it awaits financial close.

Renew Economy is reporting that Genex had entered into an agreement with McConnell Dowell and John Holland, to immediately commence an early works program on the 250MW K2-project, which will supply up to eight hours storage, using the existing pits of a former gold mine.

Under the agreement, the MDJH joint venture will start work on an agreed program of works to accelerate the development of the pumped hydro project, ahead of financial close, which is said to be on track for the first half of 2019.

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