Australia’s international wind energy company Windlab Limited will begin construction of the $160M Kennedy Energy Park hybrid renewable energy project, after securing financing from the Clean Energy Finance Corporation and the Australian Renewable Energy Agency. The project is owned by Kennedy Energy Park Holdings Pty Ltd, a joint venture between Windlab and Eurus Energy Holdings Corporation of Japan and reached financial close today. Kennedy Energy Park will be the first wind, solar and storage hybrid generator connected to the Australian national electricity network via a single connection point. Kennedy will consist of 43.2MW Wind, 15MW AC, single axis tracking Solar and 4MWh of Li Ion battery storage. The project will use twelve Vestas (VWDRY) V136, 3.6MW turbines at a hub height of 132metres; the largest wind turbines yet to be deployed in Australia. The Li Ion storage will be provided by Tesla (TSLA). The project will be constructed under a joint construction contract managed by Vestas and Quanta. The project will take a little over 12 months to construct and is expected to be fully operational before the end of 2018. The project will create more than 100 local jobs during construction. On completion, the wind farm is expected to generate around 210,000 megawatt hours of electricity per annum – enough power to supply more than 35,000 average Australian homes.
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