In Short : Colombia’s first offshore wind energy auction has attracted strong interest from global renewable energy developers. Targeting the Caribbean coast’s wind potential, the initiative supports Colombia’s goal of carbon neutrality by 2050. The auction promises economic growth, job creation, and a cleaner energy future, positioning Colombia as a regional leader in offshore wind […]
Analysis: Can Colombia’s green energy plan succeed without fossil fuel cash? – EQ Mag
Lack of consensus so far under President Gustavo Petro Agriculture, tourism unlikely to replace fossil fuel cash Colombia’s bold plan to phase out the country’s reliance on oil and coal revenue as part of its clean energy transition will likely take decades due to a lack of consensus and uncertainty over how to replace that […]
Colombia’s CREG calls auction for firm power supply in 2027-2028 – EQ Mag
Colombia’s power and gas regulator CREG on Thursday launched the so-called reliability charge auction, a scheme devised to ensure that the hydro-dependent country can count on a stable and reasonably-priced supply of electricity during expected periods of droughts. The power supply period covered by this auction will start on December 1, 2027 and finalise on […]
Colombia’s clean power share rises to 87.7% in Aug 2022 – EQ Mag Pro
Clean and renewable sources were behind 87.68% of Colombia’s power production in August, national grid operator XM Compania de Expertos en Mercados said. In July, electricity production from Colombia’s large hydro power plants (HPPs) and non-conventional renewables added up to a 85.89% share. According to XM, hydro inflows in August were higher than the historical […]
Colombia’s First-Ever Battery Storage Tender Won By Canadian Solar
Vertically-integrated solar PV company Canadian Solar has been awarded a 45MW / 45MWh battery storage project by Colombia’s Ministry of Energy and Mines. Rendering of Slate, a solar-plus-storage project which Canadian Solar’s development subsidiary Recurrent Energy is currently working on in King’s County, California. The ministry’s Energy Mining Planning Unit (UPME) launched the tender earlier […]
