Genex Power has entered a binding connection agreement with Essential Energy for the 50MW Jemalong Solar Project located in NSW.
The connection will be located at the existing West Jemalong 66/11kV Zone Substation which will minimise construction costs and time.
This project aims to generate 125,600 MWh/yr which will power approximately 23,000 homes.
Genex Power focuses on clean energy generation and electricity storage solutions to make for a greener and more energy efficient country.
The execution of this agreement means the project is now classified as a committed generator with its position secured on the National Electricity Market.
This position enables the company to focus its attention on remaining activities such as engineering, construction discussions and completing the 50MW Kidston Solar Project.
Kidston is expected to produce 145GWh of renewable electricity per year which is equivalent to powering 26,484 homes and offsetting 120,000 tonnes of carbon dioxide per year.
CEO of Genex James Harding is happy with this milestone.
“In a short amount of time we have already established an excellent relationship with Essential Energy and look forward to working together over the coming weeks and months,” he said.