Hybrid technologiesProject Kennedy Energy Park
This report was prepared by WindLab with a view to demonstrating that effective co-location of wind and solar resources is beneficial for the future optimal operation of Australia’s National Electricity Market.
Kennedy Energy Park (KEP) is a 60.2MW hybrid wind/solar/storage project undert construction in North Queensland. The project reached financial close on 18th October 2017 and will receive an $18 million recoupable grant from ARENA (Australian Renewable Energy Agency).
The project is expected to reach commercial operation in late 2018 and as part of its funding agreement with ARENA will provide ‘knowledge sharing’ to ARENA, the renewables industry and the general public. This knowledge sharing will cover the spectrum of development, financing, construction and operations phases of the project with a focus on those aspects that are novel such as developing a hybrid project on a remote and weak part of the network.