Renewable energy company, Genex, has announced a binding connection agreement with Essential Energy for the 50mw 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 Jermalong 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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