Government guarantees innovative power generator at disused gold mine

An artist's impressive of the first stage
of the Kidston power station of what
will be a 50 megawatt solar farm. 

An innovative north Queensland renewable energy project, which will combine solar and hydro power technology, is a step closer to reality with preliminary construction beginning this week.

The first stage of Genex's power station, a 50-megawatt solar farm built on the site of the disused Kidston gold mine, has been green-lit and was expected to be operational by the end of next year.

The Queensland government signed its first formal Solar 150 program deed of agreement with Genex in Townsville on Thursday.

That agreement set a 20-year price guarantee on the power generated at Kidston, which was able to shore up investors and guarantee construction.

Read Cameron Atfield’s story in the Brisbane Times - “Government guarantees innovative power generator at disused gold mine.”