Integrated solar and pumped hydro pioneers Genex coming to NSW
While its current operations are Queensland based, the company is soon set to expand to New South Wales.
Genex Power Ltd (ASX:GNX) executive director Simon Kidston speak to Proactive Investors about the renewable energy company's hybrid solar-hydro energy solution
Genex has used an old open pit mine to add an integrated pump storage hydro project to its solar farm, effectively creating what Kidston calls a "water battery".
The combination addresses the problem of storing energy generated by solar farms, allowing energy to be available on demand.
