Economic Upsides and Challenges of Co-located Hybrid Power Projects
Sites with high solar irradiance and favorable wind patterns are scarce
September 4, 2024
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The scarcity of suitable sites, geographic and environmental constraints, regulatory complexities, and high land acquisition costs pose significant barriers to the growth of wind-solar hybrid power projects. However, the economic benefits of co-located wind and solar hybrid power projects far transcend the challenges with their ability to optimally use the transmission infrastructure.