GNX 2.38% 21.5¢ genex power limited

Ann: 50MW Solar Project Revenue Update, page-2

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  1. 1,993 Posts.
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    Numbers a little low because a) shortest daylight month of the year and b) 8 days where output significantly curtailed by cloud.

    New news is that the commissioning is expected to be complete end of July, so PPA will kick in as well as full generation capacity. Revenue will drop significantly - during the commissioning period they've been getting > @140 per MWh for selling power + LGCs.  When the PPA starts they'll be getting $70 for the power, but no revenue from LGCs since these pass to the QLD Govt as part of the PPA.

    Total revenue by the end of July will be close to $10 million, so there'll be a few $million extra in the kitty because of the higher revenue rate they're getting during the commissioning period.

    Check the detail for KSP1 at http://anero.id/energy/solar-energy/2018/june
    Last edited by dyeman: 03/07/18
 
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