The Clean Energy Finance Corporation (CEFC) has invested AU$54 million in a large-scale solar development in North Queensland.
The CEFC has provided $54 million in debt finance to Genex Power for the development of the Phase One 50MW large-scale solar farm at its Kidston Renewable Energy Hub, 270km north west of Townsville. The solar farm is expected to lead to the Phase Two development of a pumped hydro storage project on the same site.
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