Equitix and Capital Energy have solidified their strategic partnership with the acquisition of an additional 120-megawatt hybridization project in Spain.
The most recent project contains two high-quality onshore wind farms, both located in Aragon, that are under construction with an installed capacity of 100 megawatts, as well as 20 megawatts of early-stage solar PV hybridization developments. Both sites also have the potential for future battery-storage optimization. The solar-PV and battery-storage assets will be built on the same site as the existing wind farms to maximize grid-capacity usage and take advantage of the complimentary energy generation profiles of the different renewable-energy sources (e.g., wind and solar PV).
Hybridization is when a site’s grid access usage is maximized by leveraging the complementary energy-production profiles of wind, solar and battery storage to increase a project’s capacity factor and the reliability of energy supply. Hybrid