Windlab Limited, Australian Wind Energy Company, is eager to build a 1.2 GW solar plus wind power plant in north Queensland, countering an existing proposal for a coal power station at the same site.
Windlabâ€™s Chief Executive Roger Price said that the proposed Kennedy Energy Park would consist of a 600 MW solar photovoltaic facility.
According to the CEO, the plant will be delivering nearly base load power for a price of some AUD 100 (USD 74.57/ EUR 67.66) per MW/h.
The Kennedy Energy Park, being a first-of-its-kind project, would need the backing of the AUD 10 billion Clean Energy Finance Corp (CEFC).
Prime Minister Tony Abbott this week ordered the CEFC to end the investments in local wind and small-scale solar projects and also confirmed his intention to abolish the fund eventually.
Originally from SeeNews Renewables