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Elon Musk Monitor
Home » Enlight secures financing for Gecama hybridisation – reNews
SolarCity & Renewable Energy

Enlight secures financing for Gecama hybridisation – reNews

elonmuskBy elonmuskJune 18, 2025No Comments2 Mins Read
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Enlight Renewable Energy has secured $310m in financing for the hybridisation of the existing 329MW Gecama wind project in Spain. 

As part of the project Enlight will integrate a solar array and utility-scale energy storage system at the facility, bringing the total capacity to 554MW and 220MWh. 

Once completed, the Gecama Hybrid Project is expected to become the largest renewable energy complex of its kind in Spain and to play a key role in advancing storage infrastructure in line with the Spanish national plan to combat climate change and enhance energy supply stability.

The need for such energy storage systems is particularly pressing considering the widespread blackouts Spain experienced in April 2025, Enlight said. 

The solar and storage components of the hybrid project are scheduled for commercial operation in the second half of 2026, subject to the completion of final development milestones. 

The capacity additions will increase Gecama’s annual revenues by $38-40m in the first full year of operation, the company added. 

CEO of Enlight Gilad Yavetz said: “With the financial close at Gecama, Enlight marks another significant milestone in its European activity, by expanding one of its core assets into Spain’s first hybrid complex of its kind.

“This move is groundbreaking on two levels – establishing the country’s largest renewable energy complex and demonstrating technological leadership through the integration of utility-scale battery storage.”



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