The Australian Renewable Energy Agency (ARENA) has conditionally approved up to $47 million in funding for Genex to build the Kidston Stage 2 Pumped Hydro Energy Storage (PHES) project. The pumped hydro facility will be co-located with the existing 50MW solar farm. The proposed $777 million project (including required transmission infrastructure) will be the first pumped hydro plant to be […]

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