Genex Power Ltd (ASX:GNX) Kidston Solar Phase One 50MW Update
Genex Power Limited (ASX:GNX) is pleased to provide shareholders with this latest update regarding the construction program for the Company's Phase One 50MW Kidston Solar Project.
Genex Power Limited (ASX:GNX) is pleased to provide shareholders with this latest update regarding the construction program for the Company's Phase One 50MW Kidston Solar Project.
For the year ended 30 June 2017, Genex Power Limited (ASX:GNX) (Genex, Company or Consolidated Entity) incurred an after tax loss of $6.48 million. The majority of expenditure was incurred on the development of KS1 and the PSHP.
Genex Power Limited (ASX:GNX) (Genex or Company) is pleased to advise that Queensland's Department of Energy and Water Supply (DEWS) has issued Genex's wholly owned subsidiary, Genex (Solar) Pty Ltd, a Generation Authority for the 50 MW Kidston Solar Stage 1 (KS1).
Genex Power Limited (ASX:GNX) is pleased to advise that it has entered into a Binding Heads of Agreement with Powerlink Queensland to progress a range of key activities which are critical to the connection of Genex's Stage 2 Kidston Hydro-Solar Project to the Queensland transmission network.
Genex Power Ltd (ASX:GNX) is pleased to provide shareholders with this latest update regarding the construction program for the Company's Phase One 50MW Kidston Solar Project.
Genex Power Ltd (ASX:GNX) advises that it has received the consent of the Australian Securities and Investments Commission for a change in auditor from William Buck to Ernst & Young.
Genex Power Limited (ASX:GNX) is pleased to advise that it has received approval from the Northern Australia Infrastructure Facility to proceed to the full due diligence phase for its Stage 2 large-scale solar and hydro pumped storage projects at Kidston in North Queensland. This follows the strategic assessment phase, which involved preliminary and assessment stakeholder consultation.