CFC provides $94 million loan to develop an Australian wind park

The Clean Energy Finance Corporation will provide a $94 million loan to Windlab and Eurus Energy for co-development of the Kennedy Energy Park. The 60 MW park comprises 43.2 MW of wind capacity, 15 MW of solar PV and 2 MWh of battery storage. The wind and PV generation sources together with large-scale battery storage systems will help increase the reliability of renewable energy and balance high levels of intermittent generation on Australia’s electricity network.