270MW Kidston 2 solar farm receives green light for development
The Etheridge Shire Council has green-lighted the development of the Kidston 2 solar farm (K2-Solar), which will be located approximately 270 kilometres north west of Townsville in North Queensland.
This project by Genex Power will involve the construction of a 270MW solar farm that is going to be co-located with the 250MW Kidston 2 pumped storage hydro project (K2-Hydro).
Source: Genex Power
In December 2017, UGL Limited – a CIMIG Group member – was selected as the preferred engineering, procurement and construction (EPC) contractor for K2-Solar.
Genex Power is currently advancing towards closing the EPC contracts with UGL for K2-Solar as well as with the McConnell Dowell – Downer EDI joint venture for K2-Hydro. The two EPC contracts are expected to be finalised by the end of June 2018. The company is also focusing on bringing in financial close for the entire Kidston 2 Hydro-Solar project.
“After several months of detailed market engagement, we are now in negotiations in regards to securing debt funding for our Kidston Stage 2 project with a select group of partners. Genex’s main focus remains on progressing the Kidston Stage 2 projects to financial close in calendar year 2018,” Genex Power Managing Director Michael Addison said.
Stay up to date with the latest industry news and project updates by subscribing to Felix Project News today.
Source: PV Magazine, Renewables Now
Related Articles
$277m EPC contract for Sunraysia solar farm in NSW awarded to Decmil
With Maoneng Australia reaching financial close, the 255MW Sunraysia Solar PV project in New South Wales is another step closer to commencing construction. Decmil Group has also been officially awarded a $277 million contract to undertake engineering, procurement and construction as well as operations and maintenance of the solar farm.
Whittens becomes subcontractor for 270MW Sapphire Wind Farm in NSW
Zenviron – a ZEM Energy-Monadelphous joint venture – has awarded Whittens Group a $15 million contract to deliver works on the Sapphire Wind Farm project in New South Wales.
Preferred contractor announced for $270m Kings Square Fremantle project
Probuild has been appointed as the preferred builder to deliver Sirona Capital’s $270 million Kings Square Fremantle revitalisation project in Western Australia.