Connect with us

Hi, what are you looking for?

CleanTechnica
The newly listed Australian renewable energy developer Windlab has secured a landmark power purchase agreement (PPA) for what will be the country’s first grid-connected large scale hybrid project combining wind, solar and battery storage.

Clean Power

Windlab Lands PPA For Wind, Solar, & Storage Project

The newly listed Australian renewable energy developer Windlab has secured a landmark power purchase agreement (PPA) for what will be the country’s first grid-connected large scale hybrid project combining wind, solar and battery storage.

Originally published on RenewEconomy

The newly listed Australian renewable energy developer Windlab has secured a landmark power purchase agreement (PPA) for what will be the country’s first grid-connected large-scale hybrid project combining wind, solar and battery storage.

Windlab announced this week that it has secured a 10-year agreement with the Queensland government-owned CS Energy, which will buy both the renewable energy and some of the large-scale generation certificates (LGCs) produced from phase 1 of the Kennedy Energy Park.

The first phase of Kennedy is for a 60.5 MW hybrid renewable energy project comprises 43.5 MW of wind capacity, 15 MW of solar PV capacity and a 2 MW Lithium ion battery storage installation near Hughenden.

Figure 2: The almost “baseload” impact of wind & pv at Kennedy stage 1. Source: Company

Kennedy is a 50/50 joint venture with Eurus Energy Holdings of Japan, and Windlab hopes to develop it into a massive 1200MW wind and solar project (plus storage) over time, providing the equivalent of “baseload” power in the north of the state. CS Energy has first option over the output of that expanded plant.

Windlab recently completed a capital raising and stock market listing to help it fund the first stage of the Kennedy project, and other projects in its pipeline.

“Finalising an off-take arrangement for the project is an important milestone in securing financing and advancing the project to financial close and construction,” executive chairman Roger Price said in a statement.

 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

is the founding editor of RenewEconomy.com.au, an Australian-based website that provides news and analysis on cleantech, carbon, and climate issues. Giles is based in Sydney and is watching the (slow, but quickening) transformation of Australia's energy grid with great interest.

Comments

You May Also Like

Clean Transport

As we move towards a circular economy, we need to bear in mind the huge job of cleaning up after ourselves and our ancestors....

Cars

A recent Facebook share by a frenemy of mine inspired me to look more closely at electric vehicle fires. Here is the post: “So...

Clean Power

The wind farm road block is gone. Now it’s full steam ahead for wind power in Australia, and wind is blowing away Australian records....

Agriculture

How do you make a difference and a profit in Australia’s dairy industry? The answer is shining in your face. John and Rochelle Pekin...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.