Genex acquires the Bulli Creek Battery and Solar development project

860
Image credit: genexpower.com.au

Genex Power has reached an agreement with Solar Choice to acquire a 100% interest in the development rights for the up to 2GW multi-stage Bulli Creek Clean Energy Project.

The first stage of the Project, which is located approximately 100km southwest of Toowoomba in southeast Queensland, is expected to be developed as an up to 400MW/1,600MWh large-scale battery energy storage system (BESS).

The multi-stage development project covers an area of over 5,000ha. The Project is proposed to be developed in 5 stages (including substages) of BESS and solar PV capacity.

Genex said that its strategy is to develop stage 1, being the Bulli Creek Battery Project (BCBP) sized up to 400MW/1,600MWh, as its immediate priority.

Adertisement

Subsequent to the BCBP, the second proposed stage is a 475MW to 675MW solar PV project that will benefit from shared grid connection infrastructure with the BCBP, with subsequent solar stages proposed to build out the full land capacity of the project in due course.

Commenting on the announcement, Genex CEO, James Harding stated:

“The Bulli Creek Battery Project is a continuation of our battery strategy and will be one of the largest battery energy storage systems in the National Electricity Market.

“This represents an exciting opportunity for Genex to apply the extensive market knowledge and learnings gained from the development of the Kidston Pumped Storage Hydro Project as well as the Bouldercombe Battery Project.

“We have commenced discussions with potential joint development partners and Genex looks forward to keeping the market updated as it works through the development milestones of this exciting project, which represents the next phase of growth for the Company’s portfolio.”

Image credit: genexpower.com.au