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Home News

Major energy companies enter into agreement

by Charlotte Pordage
April 16, 2019
in Company news, Electricity, News
Reading Time: 1 min read
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Genex, a renewable energy company, has entered into a binding connection agreement with Essential Energy for the Jemalong solar project in NSW.

The connection agreement allows for connection of the project into the National Electricity Market (NEM) via Essential Energy’s distribution network, which is one of Australia’s largest.

The connection point will be located at the existing West Jemalong 66/11kV zone substation, situated within close proximity to the project site, minimising construction cost and time.

The execution of the agreement means the project is now classified as a committed generator, with its position secured within the NEM.

Being confirmed as a ‘committed generator’ enables the company to focus its attention on remaining activities, including advancing engineering, procurement and construction contractor discussions and completing the refinance of the 50MW Kidston solar project.

“We are very pleased to execute the connection agreement with Essential Energy for the Jemalong Solar Project,” Chief Executive of Genex, James Harding, said.

“We have already established an excellent working relationship with Essential Energy, and look forward to working together over the coming weeks and months.”

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