Genex's 50-MW Jemalong solar farm to be fully alive in Q1 2021
The Kidston Solar Project. Photo by: Genex Power (www.genexpower.com.au).
Genex Power Ltd (ASX:GNX) said today it has energised its 50-MW Jemalong solar park in New South Wales and will soon start sending electricity to the grid.
Located near Forbes in central New South Wales, the photovoltaic (PV) park is planned to become fully operational in the first quarter of 2021. Its output will be initially exported to the National Electricity Market (NEM) on a merchant basis, while revenues will be also brought from selling electricity certificates.
Once fully alive, the solar farm will join the 50-MW Kidston stage 1 solar park in Queensland as the second of Genex’s operational solar assets, enabling it to double its revenues. The company expects that the Jemalong plant will produce up to 128,700 MWh of electricity per year, or enough to meet the consumption of more than 23,000 Aussie homes.
Genex acquired the Jemalong project in 2018 from Australia-based Vast Solar Pty Ltd. Its construction was initiated in March and was delivered within budget, suffering no “significant” delays due to the COVID-19 crisis, Genex’s CEO James Harding noted.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.