Tesla and Vestas Partner in $160 Million Australian Project
- Queensland’s Kennedy Energy Park reaches financial close
- Solar, wind and batteries combine to deliver smooth power flow
The blades and nacelle of a wind turbine manufactured by Vestas Wind Systems A/S operates at the Botievo wind farm operated by DTEK Holdings Ltd. in Botievo, Ukraine, on Thursday, May 26, 2016. DTEK is controlled by Ukrainian billionaire Rinat Akhmetov.
Photographer: Vincent Mundy/BloombergThis article is for subscribers only.
A novel $160 million renewable energy project combining wind, solar and storage technologies reached financial close.
Tesla Inc. will supply batteries and Vestas Wind Systems A/S will supply turbines for the first phase of the Kennedy Energy Park, according to a Thursday statement on the website of project co-developer WindLab Ltd. The project is located in Queensland Australia and will be financed by the Clean Energy Finance Corp. and the Australian Renewable Energy Agency.