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Colombia

Colombia to hold renewables auction by the end of October

Project selected in the auctions will be granted a 15-year PPA and will have to begin delivering power in December 2022.

Colombia imposes 10% renewables quota on power distributors

The obligation will be applied annually from 2022. Colombian power utilities will have to procure the clean energy concerned under long-term contracts lasting at least a decade.

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PPA signed for 72 MW of solar in Colombia

Spanish developer Grenergy has secured a PPA from Colombian energy company Celsia for the supply of 120 GWh per year. The electricity will be provided by a solar park that will begin commercial operations in 2022.

Colombia to hold 5 GW renewables auction in Q1 2021

In addition to the auction, scheduled for the first quarter of 2021, the Latin American country is also defining a green hydrogen roadmap in collaboration with Chile.

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Colombia’s PV project pipeline reaches 8.8 GW

According to the Mining and Energy Planning Unit (UPME), there are currently 385 projects totaling 15 GW at different stages of development, including 4 biomass, 17 wind, 93 hydro, 271 photovoltaic and 7 thermal.

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Colombia streamlines tax incentives for renewables

The procedures to secure income tax deductions, value-added tax exclusions, customs duty exemptions, and accelerated depreciation rates for renewable projects has been shortened to 45 days.

Colombia’s 9.48 GW solar project pipeline

The technology makes up almost 70% of planned clean energy generation capacity in a nation which added just 4 MW of solar last year.

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Trina the only solar winner in Colombian energy auction

The Colombian government has revealed more details of the renewable energy procurement exercise finalized on Monday. Chinese manufacturer Trina was the bidder behind all three successful solar projects in the auction.

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Colombia’s first solar and wind power auction brings average price of $0.027/kWh

Three solar projects and five wind facilities were contracted in the procurement exercise. The auction’s final average electricity price was COP95/kWh, with a maximum bid of COP110.

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Colombia imposes renewables quota on power distributors

The obligation will be applied annually from 2022. The clean electricity required will have to be bought through power purchase contracts of at least 10 years’ duration.

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