Articles On Genex Power (ASX:GNX)

Highlights Renewable energy is the energy that is generated from a natural source which is replenishable in nature. GNX, NEW and RNE are some ASX renewable energy shares that are trading under AU$1. Investing in these stocks for poten...

Off the back of rising climate ambition and policy action from countries around the world, research firm BloombergNEF says a new record $755 billion was invested into the low-carbon energy transition in 2021. Clean power and electrification...

Key points The Genex share price is down today, and has dropped 24% in 12 months The energy utility company has hit a construction milestone at its K2-Hydro project Today’s announcement indicates the project is on track for use in Q4 202...

The world’s first liquefied hydrogen carrier – the Suiso Frontier – has arrived on Australian shores. In a nod to the success of the Hydrogen Energy Supply Chain Project (HESCP), the ship docked into Victoria’s port of Hastings yesterday, s...

BloombergNEF says prices for carbon offsets – verified emissions reductions equivalent to one ton of carbon each – could be as high as $120/ton or as low as $47/ton in 2050, depending on what types of supply are eligible to meet the rapidly...

Highlights Australia, which receives an average of 58 million PJ of solar radiation per year, has some of the best solar energy resources in the world. Renewable energy stocks gained popularity in 2021 but struggled to outperform the A...

Around the world Against a backdrop of tempestuous markets and an important meeting of the world’s leaders at COP26 in Glasgow, the inevitable transition towards a decarbonised future has started to take shape. Joe Biden’s ascendency to the...

Blackstone Minerals (ASX:BSX) — a nickel co looking to head downstream by producing nickel-cobalt-manganese precursor for battery and EV makers – has posted a massive 73% increase to resources at its Ta Khoa Project in northern Vietnam to 4...

Genex Power (GNX) enters into an agreement with Powerlink Queensland for the Bouldercombe Battery Project in Central Queensland The agreement allows for the connection of the project into the National Electricity Market (NEM) via Powerlink...

Wall Street gains for second consecutive day US stocks pushed higher overnight on a slew of upbeat economic data and a positive omicron update. The US consumer confidence index has improved further in December, while US home sales increased...

New analysis out of CSIRO has confirmed that renewables (led by wind and solar) continue to be the fastest and cheapest growing energy source in Australia — even when considering their integration costs such as storage and transmission. In...

It’s no secret the world is decarbonising, but there’s another reason the ASX renewable energy sector could be worth watching in 2022. Chief investment officer for AXA Investment Managers’ Core Investments Chris Iggo says decarbonisation c...

Highlights Governments across the globe are trying hard to safeguard the environment. Australian Energy Market Operator expects as much as 14GW of coal-fired power plants to be withdrawn by 2030. The National Electricity Market delive...

The hydrogen boom is well underway but the real game changer for the energy transition will come when low-carbon green hydrogen costs become competitive in major markets, Wood Mackenzie research analyst Bridget van Dorsten says. New researc...

Highlights OZ Minerals shares rose over 1% on plan to offload its stake in joint ventures. Sydney Airport shares climbed 3% after the ACCC cleared its deal with Sydney Airport Alliance. Vulcan Energy rallied 19% on deal with Volkswage...

The Genex Power Ltd (ASX: GNX) share price shot up 12% to 21.5 cents in early trade today, after the company signed off on a deal with green energy giant, Tesla Motors Australia Pty Ltd.  Shares in the Australian power generation company h...

Highlights The ASX 200 was down 0.24% by the mid-session on Thursday. Barring industrial, all sectors were flashing in the red zone.   Redbubble, Codan, Xero, Magellan Financial Group, Champion Iron were among top losers. On Wall Str...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Genex Power (GNX) pens an offtake agreement with Tesla Motors Australia for the Bouldercombe Battery Project in central Queensland Under the agreement, Tesla will operate the project using its algorithm-based bidding system, Autobidder, wh...

Wall Street continues to rebound US stocks continued their rally for the third consecutive day, following news that three doses of the Pfizer/BioNTech jab could likely protect against the Omicron infection. The S&P 500 edged higher by 0...

Coal has been high on the decarbonisation agenda, but Wood Mackenzie metals and mining vice chair Julian Kettle says the inconvenient truth is that we still need coal-fired power to ensure an orderly transition to a low carbon world. While...

While the Australian government struggles to come up with adequate policies to support the transition to net zero emissions by 2050, highlighted by the recent release of an underwhelming Future Fuels and Vehicle Strategy, BloombergNEF says...

Highlights Global warming threatens "far-reaching repercussions for current and future generations". The landmark Paris agreement has produced mixed results, with majority of countries failing to meet their targets. Every country need...

Highlights Leaders from around the world have made commitments to reserve forests at COP26 climate talks held in Glasgow. Governments across the globe are trying hard to curb carbon emissions as a part of their long-term goal to attain...

Highlights Energy demand is increasing day by day as the global population grows. The solar energy industry has made tremendous growth in the past few years. At the end of 2020, there was more than 700 GW of solar capacity installed a...

The International Energy Agency’s (IEO) flagship publication – the World Energy Outlook has emphasised in its latest edition that while a new energy economy is emerging around the world via solar, wind, electric vehicles and low carbon tech...

Highlights Climate change is one of the greatest threats to human health. The renewable energy sector may have the answers to carbon emissions. The sector is witnessing heavy investments globally as the demand for energy is rising....

When investors think ‘green’ or environmentally sustainable investments, Brickworks Limited (ASX: BKW) shares likely aren’t the first to come to mind. The 91-year-old company has evolved greatly over its tenure, though its core brickmaking...

Highlights Australia’s renewable energy sector has recorded impressive growth in the last five years. The country has recorded a massive gain in the installation of wind turbines and rooftop solar panels. Various ASX-listed green stoc...

Highlights As the fight against climate change is intensifying, demand for renewable energy is deemed to grow. Renewable energy space players are emerging as one of the favourites for investors. Wind and solar energy accounts for most...

Junior renewables stock Genex Power Limited (ASX:GNX) has inked a supply agreement with Tesla Motors Australia for the Bouldercombe Battery Project in Queensland, supporting its rapid progress to financial close. Set to be developed using T...

Wall Street plummets to end the quarter All three US stock market benchmarks fell overnight, as US Congress passed a last minute legislation that will keep the government funded until December 3rd and avoid a shutdown. The Dow Jones fell by...

Renewable energy group Genex Power is fattening up its defence, fearing it could be the next company in the sector to attract a deep-pocketed suitor. 

  BHP flashes green credentials, but is it doing enough? BHP’s annual ‘climate change report’ is now a ‘climate action report’. What a difference a year makes when it comes to nomenclature. The action its referring to is at least a little m...

Climate change is an issue front of mind for many these days. Even companies are now viewing it as a credible risk to our way of life. ASX shares are likely to be impacted by climate change, but it could also reap huge benefits for compani...

Today, Monday the 30th of August, we are happy to buy Eagers Automotive (ASX:APE), Nextdc (ASX:NXT), Peter Warren (ASX:PWR), Costa Group Holdings (ASX:CGC), Adbri Limited (ASX:ABC), Waypoint REIT (ASX:WPR), Aust Finance Grp (ASX:AFG), Bega...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AFG)) - Australian Finance Group ((BGA)) - Bega Cheese ((BEX)) - BikeExchange ((DTC)) - Damstra holdings ((DDH)) - DDH1 ((GDG)) - Generation Development ((GNX)) - Genex...

The New South Wales Government’s bid to turn New England into a renewable energy hub has got off to a fast start, with more than 80 registrations of interest to develop 34GW of renewable energy hub. Energy Minister Matt Kean said that quadr...

The S&P ASX200 closed lower Monday, dropping 46.40 points or 0.61% to 7,582.50 after setting a new 52-week high. The bottom performing stocks in this index were Beach Energy Limited (ASX:BPT) and Bendigo and Adelaide Bank Limited (ASX:B...

The latest findings from the most comprehensive climate report released to date have rattled ASX 200 shares today. What has been described as a ‘code red for humanity’, the report produced by the Intergovernmental Panel on Climate Change (...

The Sixth Assessment Report from the Intergovernmental Panel on Climate Change (IPCC) paints a grim picture of the potential scenarios that will play out if greenhouse gas emissions from power generation, agriculture, industry and transport...

Largely driven by where else but fast moving China, electrolyser shipments will double in 2021 and quadruple by the end of 2022. There are a couple of types of this new-fangled technology, the polymer electrolyte membrane electrolysers curr...

Summary Leading into August, the ASX 200 benchmark has performed on a strong note. In sync with the ASX, power companies have delivered good returns. Power companies such as Mpower and AusNet were among the leading performers. Lea...

Summary  Regular renewable energy auctions and feed-in tariffs have been the key drivers of Australia’s solar photovoltaic (PV) technology. Australia has become a leading solar energy market, driven by abundant solar resources and the...

Summary More than 80% of the total energy capacity additions in Australia came from the renewable energy with solar and wind accounting for ~91% of these renewable additions. Mpower specialises in the delivery of utility scale solar fa...

In this episode of Morgans Conversations Adviser Chris Titley talks to Simon Kidston, Executive Director of Genex Power, about the history of Genex and how they are positioned with a suite of renewable assets.

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

Genex Power (GNX) is raising $115m in new equity to be ready to reach financial close on the Kidston Hydro project without needing a JV Partner.

The Genex Power Ltd (ASX: GNX) share price is up today following news of the company’s Kidston Pumped Hydro Storage Project. Genex has secured all the financing it needs to go ahead with the project. The Genex Power share price has had a p...