Spanish Wind and Solar PV
In Spain we are embarking on a new joint venture development which aims to capitalise on the clear opportunities present in the Spanish solar market. Our focus in Spain will be opportunity based, and not limited to project size or location. In addition to solar PV, we aim to develop our first wind turbine projects as standalone, or hybrid generators.
Spanish Solar Project:
years of generation
Acres of land
MW DC Array
Canigou Group are partnering with Carfer Energy, a Spanish renewables developer to develop multiple projects across Spain and the Canary Islands. The first of these projects are set to start development in Q2 2024. In Spain there are good opportunities for hybrid projects, so we will start with solar PV but aim to have hybrid wind and solar projects on these sites.
Canigou has a good partnership with Carfer Energy and we share a goals for developing renewable generation in the area to mitigate climate change and benefit the local economy.
Reason 1: Growth in the Spanish Solar market
Spain is seeing a continued resurgence in the development of its Renewable Energy generation targets in line with the European Union targets. Having over come the grave error of retrospective price changes to energy contracts in the early 2000’s, the renewed emphasis has brought with it a renewed investor confidence. EY currently place Spain 8th out of 40 countries in their latest Renewable Energy Country Attractiveness Index. The country is already very popular with wind and solar technologies but with the country’s population being concentrated in certain areas the novel approach of hybridisation is beginning to show fruit.These projects maximise both power yields and also smooth generation profiles which in turn reduce grid balancing stress. They can be smaller and are best suited to semi-urban and industrial areas where issue with grid connectivity and planning are not as big a hindrance as they would be in a remote rural location.
Reason 2: Land Use
In terms of land use, combining multiple renewable energy technologies in a single site allows for a more efficient use of resources. By using a hybrid approach the total land area required can be reduced, resulting in lower costs and increased efficiency.Furthermore, hybrid sites can be located in areas that are more suitable for one type of renewable energy than another, such as windy areas for wind turbines, or sunny areas for solar PV, which in turn can help to reduce the overall costs associated with land acquisition.When combined with energy storage options such as static batteries the attractiveness is enhanced furthermore. The two intermittent generating profiles of wind and solar can smooth each other out to give amore secure base load profile augmented by storage
Reason 3: Government incentives and technology development
With concern regarding theirCAPEX, hybrid renewable energy sites can be more cost-effective than single-technology sites due to the cost of the necessary infrastructure being spread across multiple technologies, resulting in lower costs compared to using a single technology. In certain jurisdictions, hybrid sites are often able to access more generous government subsidies and incentives than single-technology sites and may go through an easier planning process or environmental impact assessment due to size.
Linton leads the projects team which oversees developments within the US, Europe and APAC regions. He is a chartered energy engineer with 15 years of experience in engineering and project management, working previously for Ameresco followed by Breathe Energy, a Dalkia and EDF company, where he ran a team of engineers.
Linton has worked on a wide range of energy technologies and has experience in modelling, design, planning, grid connection, environmental permitting, construction, and performance verification. His experience has been gained in Australia, UK, and the US, where he maintains strong professional relationships.