Kidston Solar Project (Phase 1)

closed

Australia’s shift to renewable energy is picking up pace thanks to projects such as Genex Power’s 50 megawatt Kidston Solar Project (Phase One), a ground-breaking renewable energy project located in north Queensland that is creating a path to the 24/7 supply of renewable energy.The Kidston Solar Project is one of 12 large scale solar farms being supported by ARENA to increase the nation’s experience in planning and building renewable power plants, making such projects more commercial and attractive to private investors.Once complete, the 12 projects will triple the amount of electricity produced from big solar in Australia and unlock almost $1 billion of commercial investment in the technology.ARENA will provide up to $8.9 million in funding to support the $126 million Genex project, which will use solar photovoltaic panels mounted on a tracking system that shifts the angle of the panels to follow the sun. This tracking design ensures the panels capture the maximum amount of sunlight available and convert this into electricity (known as the capacity factor). Once fully operational, the Kidston Solar Project will have one of the highest capacity factors in Australia at approximately 33 per cent.Genex Managing Director Michael Addison noted the importance of the project’s location, saying the project benefited from having one of the best solar resources in Australia.

High