Hydropower / Pumped Hydro Energy StorageProject Kidston Pumped Hydro Energy Storage
This is the sixth lessons learnt report in relation to the Kidston Pumped Storage Project. It provides insight into challenges involved with delivering major equipment to the project site.
Genex Power Limited (Genex, Company or Owner) is the 100% owner of the Kidston Clean Energy Hub, located in North Queensland (the Kidston Hub). Stage 1 of the Kidston Hub was completed in the form of the 50MW Stage 1 Kidston Solar Project, which was energised in November 2017. Stage 2 of the Kidston Hub is the 250MW Pumped Storage Hydro Project (K2-Hydro or Project) which is currently under construction, having reached financial close in May 2021. A further Stage 3 of the Kidston Hub, being a wind project of approximately 200MW which Genex is developing in a 50:50 partnership with Electric Power Development Co. Ltd (trading as J-POWER), is currently in feasibility stages along with a potential co-located solar farm of up to 270MW.