PPA signed for 72 MW of solar in Colombia


From pv magazine Latam

Spanish renewable energy developer Grenergy has secured a 15-year power purchase agreement (PPA) from Colombian energy company Celsia for the supply of approximately 120 GWh a year.

The electricity will be provided by 72 MW of solar that Grenergy is currently deploying in Colombia under the agreement. Commercial operations are scheduled to start in 2022.

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This deal represents the first PPA signed by Grenergy in Colombia, a market where the company already has a project portfolio of more than 500 MW in different stages of maturity, as well as its own development team that will continue to generate a pipeline in the region.

Celsia recently announced that it was partnering with Canada-based Cubico to build 650 MW of photovoltaics in Colombia in 2021.

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