Genex Power sees huge boost in generated power

Company News

by Rachael Jones

Genex Power (ASX:GNX) shows the power generated at the Kidston Solar Project in North Queensland generated 35 thousand 755 megawatt hours of energy in the December quarter.

That's compared to 2,850 mega watt hours generated at the same quarter period last year.

The Kidston Hub is comprised of the operating 50MW Stage 1 Solar Project, the 250MW Pumped Storage Hydro Project and the multi-staged integrated Solar Project of up to 270MW under development and the Kidston Stage 3 Wind Project of up to 150MW under feasibility.

Shares in Genex Power (ASX:GNX) are trading flat at $0.26.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.