Genex Power yesterday marked the construction of its flagship 250MW Kidston Pumped Storage Hydro Project in Queensland, Australia, with an official ground breaking ceremony.
The Kidston Pumped Storage project is a $777 million project, creating over 800 jobs during the four-year construction period and when operational, will contribute to significant benefits to the electricity network in North Queensland, as well as serving to lower electricity prices. The project is the first pumped storage power station to be built in Australia for nearly 40 years.
The ground breaking ceremony was attended by Senator Susan MacDonald who has been a long term supporter of Kidston’s Clean Energy Hub and was representing the Prime Minister, the Minister for Energy and Emissions Reduction Angus Taylor and the Minister for Resources, Water and Northern Australia Keith Pitt. The Hon Glenn Butcher, Queensland Minister for Regional Development and Manufacturing and Minister for Water also attended, along with Robbie Katter, State MP for Traeger and Barry Hughes the Mayor, and Ken Timms the Council CEO of Etheridge Shire Council. In addition, Chris Wade, CEO of NAIF and representatives of ARENA attended.