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Colombia

Colombia awards 1.39 GW of wind and solar in Reliability Charge auction

The capacity comes from two solar parks and five wind power plants awarded firm energy obligations for 2022-2023. The Reliability Charge auctions were created by the Colombian government to ensure power supply during water shortages.

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Colombia’s RE auction concludes with no assigned project, new auction to be launched by end of June

The Colombian authorities said the received offers did not comply with the criteria for competition and market dominance. Enel Green Power, Canadian Solar, Trina Solar and Solarpack were among the developers that were admitted to the auction’s final phase.

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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 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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LatAm PV markets see increasing use of green bonds

Colombia’s Celsia is issuing green bonds worth US$145 million to finance its large solar PV project pipeline, while U.K.-based Faro Energy is resorting to clean energy bonds to fund its distributed generation (DG) solar projects across Brazil.

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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