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Energy

Feb 05, 2021
Kidston connection deal paves way for 400 jobs

Kidston connection deal paves way for 400 jobs

Genex Power has welcomed a $147 million State Government pledge that will see its Kidston Pumped Storage Hydro Project hooked up to the national grid. The transmission line for the North Queensland power project is expected to support more than 400 new jobs during its construction. It will be built, owned and operated by Powerlink Queensland. The funding package announced today represent...

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Jan 28, 2021
Key backing for CopperString power project

Key backing for CopperString power project

The $1.7 billion CopperString 2.0 project has secured a $17 million financing agreement with Townsville refinery operator Korea Zinc. Deputy Premier Steven Miles and Queensland Energy Minister Mick de Brenni announced the deal in Townsville today. It comes one week after the Federal Government pledged up to $11 million to help progress the major transmission project to final investment dec...

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Jan 14, 2021
CopperString plan aired for public scrutiny

CopperString plan aired for public scrutiny

The draft environmental impact statement (EIS) for the $1.7 billion CopperString 2.0 project is open for public submissions until February 12. The high-voltage 1100km transmission line planned by CuString is expected to support more than 750 jobs during construction and will help further open up the North West Minerals Province. The Coordinator-General will consider all submissions as part ...

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Nov 19, 2020
Genex expects to seal hydro project deal within weeks

Genex expects to seal hydro project deal within weeks

Genex Power expects to reach financial close on its Kidston Pumped Storage Hydro Project by the end of 2020 after a series of setbacks. The company missed its September 2020 target date for delivering financial close on the project, which is expecetd to deliver 500 jobs in construction. But chairman Ralph Craven, speaking at the company AGM, said Genex was now in the final stages of negotia...

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Nov 11, 2020
Valmec announces Surat Gas Project contract win

Valmec announces Surat Gas Project contract win

Valmec has secured early works on the first phase of Arrow Energy’s$10 billion Surat Gas Project. Valmec’s initial contract with Arrow to deliver critical water treatment facilities is valued at $16 million. The energy, infrastructure and asset services group said the turnkey project involved procurement, construction and commissioning works at the Daandine facility. Work on the contract...

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Oct 26, 2020
Financial milestone for $600m solar project

Financial milestone for $600m solar project

Neoen has tied up the finances it needs to proceed with the Western Downs Green Power Hub, described as the largest solar farm in Australia. The $600 million project near Chinchilla is expected to create more than 400 construction jobs. Sterling & Wilson were appointed as the project’s Engineering, Procurement & Construction (EPC) contractor in May, design and engineering works bega...

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Sep 30, 2020
QUT research adds shine to  $600m energy project

QUT research adds shine to $600m energy project

Vast Solar has joined forces with the Queensland University of Technology to help optimise its planned $600 million clean energy project in Mount Isa. The North West Queensland Hybrid Power Plant will use concentrated solar thermal power (CSP) technology based on mirrors. This will be integrated with a solar PV system, a large-scale battery and gas engines. Vast Solar said the new plant’s...

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Sep 25, 2020
Setback for pumped hydro project timetable

Setback for pumped hydro project timetable

Genex Power is working to finalise financing for its Kidston Pumped Storage Hydro Project after a the State Government this week reaffirmed its commitment of $132 million towards transmission infrastructure. The 250MW energy project, being built at the old Kidston gold mine site, has a total construction pricing of about $600 million, excluding transmission costs, financing costs and developme...

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Sep 10, 2020
Powerful tool for workplace safety

Powerful tool for workplace safety

The man behind the ‘Look Up and Live’ app is using Electrical Safety Week to remind machinery operators of the dangers of overhead lines. Ergon principal community safety specialist Glen ‘Cookie’ Cook was named Health and Safety Professional of the Year at the 2020 Australian Workplace Health and Safety Awards in recognition of his passionate approach to a lifesaving cause. “I ...

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