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Colombia

Will Colombia’s renewable energy auction set a new bar for the market?

Colombia is blessed with an abundance of natural resources. According to data from the Colombia’s National Mining and Energy Planning Unit, UPME and the Institute of Hydrology, Meteorology and Environmental Studies (IDEAM), hydro potential is estimated at 56 GW countrywide, while solar is close to 42 GW and wind 15 GW in the Guajira region alone. Today, hydroelectric sources make up 65% of the energy mix, while wind and solar account for just 0.11% and 0.06%, respectively. As these numbers underscore, Colombia has barely scratched the surface of its renewable potential.

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Diverxia secures approval for 240 MW solar park in Colombia

The project, planned for the northern department of Atlántico, will compete in the nation’s renewable energy auction next month.

Colombia launches first RE auction

Through the long-awaited auction, which will be held on February 26, the Colombian Government intends to allocate 1.18 million MWh per year. Selected projects will be awarded a 12-year PPA.

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Colombia postpones RE auction

Originally scheduled to be held on Jan. 2, the auction has been delayed to an unspecified date in the third quarter of next year. Colombia’s national mining and energy planning unit UPME has also postponed the publication of final bidding terms at the request of interested parties.

Colombian oil giant Ecopetrol goes solar with 10 MW project

The state-owned oil company has decided to power one of its fields with a solar park. The tender for the project will be launched in the fourth quarter. A renewable energy plant portfolio of around 140 MW may be built by Ecopetrol.

Colombia launches first RE auction

The Colombian Ministry of Mines and Energy announced that up to 1 GW of renewable energy generation capacity may be allocated. The competition will be open to solar, wind and biomass projects exceeding 10 MW in size.

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Jinko supplies modules to Colombia’s largest PV project

The Chinese manufacturer will provide 250,000 monocrystalline modules for the 80 MW El Paso solar plant, which Enel is building in the Colombian department of Cesar. It is slated to be operational by the end of the year.

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Colombia to host its first floating PV project

The floating solar array will be deployed at the water reservoir of Peñol-Guatapé, which is owned and operated by local energy and telecommunications utility, Empresas Públicas de Medellín (EPM).

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Construction begins on Colombia’s second solar park

The 8.8 MW Celsia Solar Bolívar plant will be located in the municipality of Santa Rosa de Lima, in the northern Department of Bolivar. It is part of the 250 MW solar project pipeline of Colombian renewable energy developer, Celsia.

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Colombia issues regulation for distributed solar generation

Colombia’s Energy and Gas Regulatory Commission approved the 2018 Resolution CREG 030 last Friday, which regulates how solar PV system owners can sell surplus power to the National Interconnected System under net metering.

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