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.
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.
Canadian Solar, Acciona, Enel, EDF, Solarpack and Trina are among the contenders to develop large scale renewables projects. Some 26 power distributors are participating in the procurement as buyers.
pv magazine publisher Eckhart Gouras spoke to Carolina Obando, regulatory coordinator at renewable energy association SER Colombia, to discuss the country’s first renewable energy auction. The delayed tender promises to boost a solar industry with a 4.3 GW pipeline.
Already postponed from June to September 30, the procurement will now be held by the end of October. The exercise will be open to new renewables projects with more than 5 MW of generation capacity. Selected developers will be awarded 15-year energy deals rather than the 12-year arrangements offered in February’s abortive attempt.
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