First off, what a novel $160 million and so cool renewable energy project. Furthermore, I mean combining wind, solar and storage technologies. Well a deal reached financial close. So, Tesla will supply batteries. Vestas Wind Systems A/S will supply turbines. It seems that’s for the first phase of the Kennedy Energy Park. The project co-developer is WindLab Ltd.
In conclusion, the 60.2 megawatt development will be the first. It’ll thereby connect the three renewable power technologies to the Australian grid. Through a single connection point folks. Most importantly, it gets completed end of 2018. The combination will help provide reliable supplies of electricity. Finally it’ll be overcoming one of the biggest downsides. Therefore, we are talking intermittent renewable energy generation technologies.
As well, for the entire story on Bloomberg Markets Finally, this written by Jess Shankleman on October 19, 2017. Hence, Posted 5:50 AM EDT and updated October 19, 2017, 12:20 PM EDT