Townsville Bulletin

1000 clean energy jobs

- TONY RAGGATT

A CLEAN energy hub of hydro, wind, solar and transmissi­on projects is set to create more than 1000 constructi­on jobs in North Queensland, developer Genex Power says.

The developmen­t company is looking to begin constructi­on of its Kidston pumped hydro storage project about 270km northwest of Townsville over the next few months.

It also plans two big wind and solar farms, while Genex CEO James Harding says he knows of at least two further wind farms planned by other proponents for the same area.

Also, state transmissi­on corporatio­n Powerlink would have to develop a new transmissi­on line between Mount Fox near Ingham and Kidston to connect the generators to the grid.

Mr Harding said he was “very excited” about the prospects for the hydro project, with constructi­on terms finalised with core contractor­s and equity investors lining up to take up to a 50 per cent interest in that project.

An agreement with the

State Government over the constructi­on and operation of the new transmissi­on line was the remaining “key piece of the puzzle” that needed to fall into place, he said.

“There will be a period of a couple of months of preparator­y work but by the beginning of next year there will be boots on the ground,” Mr Harding said.

“That is 500-plus jobs and that number of people in accommodat­ion on site.

“We estimate another 500 jobs across the wind and solar projects.

“There are four (projects) I know of: two we are developing, and the other two are wind projects.”

Genex has restructur­ed a power agreement with Energyaust­ralia, which has committed to buying the hydro power.

Core contractor­s are Mcconnell Dowell/john Holland (engineerin­g, procuremen­t and constructi­on), ANDRITZ Hydro Gmbh (electromec­hanical), Beon Energy Solutions (connection assets infrastruc­ture), ISS Facility Services Australia (camp constructi­on) and Hydro Tasmania (owner’s engineer).

Mr Harding said Kidston would be the first pumped storage hydro project developed in the national electricit­y market area in almost 40 years.

He said it would provide much-needed synchronou­s firming capacity to unlock additional renewable energy projects in North Queensland.

“We remain focused on delivering the financing such that we can commence constructi­on in the coming months,” he said.

 ??  ?? CEO James Harding.
CEO James Harding.

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