Windlab and Vestas tie-up for landmark hybrid power plant

Windlab and Vestas tie-up for landmark hybrid power plant”

Australia's Windlab is managing the $160 million project at the Kennedy Energy Park hybrid renewable energy site in North Queensland.

Australian renewables developer Windlab and Danish OEM Vestas have kicked off plans to build what is claimed to be the world's first utility-scale, on-grid wind, solar and battery energy storage project.

"This is a landmark project for Queensland and Australia, creating a new model for renewable energy that brings together the benefits of wind, solar and battery storage to overcome intermittency and improve reliability", CEFC wind sector lead Andrew Gardner said. "The broader adoption of projects like Kennedy can address the recommendations of the Finkel review and ensure that Australia can more than meet its Paris Commitments while putting downward pressure on energy prices".

It will use batteries supplied by USA electric carmaker Tesla Inc and is expected to generate enough power to supply more than 35,000 average Australian homes.

4 MWh of batteries is actually a relatively small project for Tesla, especially when considering the massive new 100 MW/129 MWh Powerpack system that they are now installing in Australia.

Windlab chairman and CEO Roger Price the project "will demonstrate the importance of matching wind and solar generation to provide more predictable, reliable and low cost renewable energy".

"Kennedy enjoys one of the best and largest wind resources in Australia, alongside one of the best solar sites".

Project equity will be provided equally by developers Windlab and Eurus Energy Holdings, and the Clean Energy Finance Corporation will provide $93.5m of debt finance on a long-tenured, non-recourse basis, according to the statement. As the sole debt financier for this project, our goal was to demonstrate the bankability of large-scale, integrated hybrid renewable energy projects for the future.

The cost of renewable energy has dropped significantly in recent years with solar leading the way, while Tesla is leading the way in battery storage.

Kennedy Energy Park will be the first wind, solar, and storage hybrid generator connected to Australia's national electricity network via a single connection point.

Vestas product management senior vice president Johnny Thomsen said: "We are grateful for the opportunity to join Windlab on this project".

But the combination of solar and wind is the interesting part here. The project is expected to deliver lifetime emissions abatement of nearly three million tCO2-e.

In order to support further hybrid projects in Australia, Windlab, with Vestas, will share the knowledge and experience from building and operating Kennedy Phase I through the Australian Renewable Energy Agency. Windlab has secured a 10-year agreement with Queensland government owned CS Energy to purchase the renewable energy and some of the large-scale generation certificates (LGCs) produced by the project. Vestas' control system will manage the power harvesting and storage.

Like this



20 October 2017
Lonzo Ball Stats & Highlights in Lakers First Game
Ball had a disastrous night missing five of six field goals for three points, nine rebounds, four assists and two turnovers. The roster has its share of familiar faces, including Brandon Ingram , Larry Nance Jr . and Jordan Clarkson .

20 October 2017
SunCoke Energy Partners, LP (SXCP) Earns Daily News Impact Rating of 0.10
With 5,100 avg volume, 0 days are for DKG CAPITAL INCORPORATED (OTCMKTS:DKGH)'s short sellers to cover DKGH's short positions. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

20 October 2017
Andrés Velásquez: "En horas del mediodía deben hacer mi proclamación"
A diferencia de la oposición, los chavistas hicieron la tarea, según los analistas. Desde ese momento estarás informado de todo lo que pasa en Venezuela y el mundo.

20 October 2017
Trend Indicator Watch on This Stock: Boardwalk Pipeline Partners LP (BWP)
ValuEngine cut Boardwalk Pipeline Partners L.P. from a "buy" rating to a "hold" rating in a report on Friday, September 1st. Boardwalk Pipeline Partners, LP has had 0 insider trades in the last 3 months, including 0 open market buys and 0 sells.

20 October 2017
Baby Girl Dies After Being Found In Parking Lot Covered In Powder
Rimkunas says the three victims were found naked on the pavement, covered in a large amount of the mysterious substance. The 8-year-old girl is stable and the 26-year-old woman - believed to be the girls' mother - is in critical condition.

20 October 2017
Can analysts adopt a bullish outlook for Comcast Corporation (NASDAQ:CMCSA)?
New York State Teachers Retirement Sys holds 0.82% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 8.22M shares. The stock of Comcast Corporation (NASDAQ:CMCSA) earned "Overweight" rating by Barclays Capital on Wednesday, February 22.

20 October 2017
USA company agrees to restart MH370 search
There were 239 passengers and crew aboard. "Grateful this step is finally being officially taken", he said in a text message. Australian and Chinese authorities did not immediately respond to requests for comment.

20 October 2017
Female Dem lawmaker: Women have some responsibility for preventing sexual harassment
However, she released another statement on Thursday to in an attempt to clarify her response, though it's effectively doing a 180 entirely.

20 October 2017
Bruins goalie Tuukka Rask out indefinitely with concussion
Rask was not on the ice for the Thursday morning optional skate and will not play against the Vancouver Canucks in the evening. Rask is just 1-3-0 on the young season and had lost his last three starts and has an.882 save percentage in his four starts.

20 October 2017
Müller toma ventaja sobre James y se lleva los elogios de Heynckes
El local salió a mandar al campo desde el principio y el partido se convirtió pronto en un asedio al área del Celtic . James Rodríguez demostró que puede ser tenido en cuenta con más minutos de juego por el entrenador alemán.