Windlab, Eurus Plan $102 Million Australia Wind and Solar Farm

(Bloomberg) — Windlab Ltd. and Eurus Energy Holdings Corp.
plan to build a A$140 million ($102 million) wind and solar
energy park in the Australian state of Queensland.

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. Construction is
expected to start after June next year.

The companies will install six wind turbines and 64,000
solar panels in the first stage of the project, according to the
statement. Successful completion of the first stage may lead to
adding 1,200 megawatts of clean-energy capacity, Windlab said in
the statement.

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.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at

To contact the editors responsible for this story:
Reed Landberg at
Iain Wilson, Keith Gosman

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