Genex Power’s Queensland-based Kidston pumped hydro storage and solar project has received more than $500 million from a government infrastructure fund that has previously drawn flak as a facility to prop up coal projects.
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| Genex Power's Kidston pumped hydro and solar generation project is located near Townsville, QLD. |
The $5 billion Northern Australia Infrastructure Facility fund has had a contentious past, with only two projects receiving funding since it was created two years ago, which prompted a massive overhaul of the facility in April this year.
Read Cole Latimer’s story from The Age - “Coal-linked government fund pumps $500m into QLD renewable project.”
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