Windlab Ltd. and Japan’s Eurus Energy Holdings Corp. plan to build a A$140 million ($102 million) wind and solar energy park in the Australian state of Queensland,Â with tentative plans to eventually build up to 1.2GW of renewables capacity.
The Kennedy Energy Park plant will be the first large-scale hybrid solar and wind park in Australia, Canberra-based Windlab said in a statement posted on its website.
According to the statement, the companies will install six wind turbines and 64,000 solar panels in the first stage of the project.
Construction is expected to start after June next year.
The Kennedy Energy Park follows an announcement earlier this year of a 20-megawatt wind project in Victoria that Windlab and Eurus are building together. Eurus, a Tokyo-based clean-energy developer, is a venture between Toyota Tsusho Corp. and Tokyo Electric Power Co.
Originally from Bloomberg