Colombia - New Energy Events

Ecopetrol to build green hydrogen plant at Cartagena Refinery
December 6, 2024
Ecopetrol is set to build a green hydrogen plant at the Cartagena Refinery with an investment of nearly US$28.5 million. The 5 MW facility is expected to produce 800 tons of green hydrogen annually, with operations slated to begin in the first half of 2026. Source: El Colombiano
Colombia introduces new pricing mechanism for electricity market
December 6, 2024
Colombia’s government has introduced a new pricing mechanism for electricity on the country’s energy exchange, aiming to stabilize prices. Under the new rules, plants with low operating costs, such as those powered by coal, hydro, solar, and wind, will face significantly lower price caps. In contrast, high-cost plants using natural gas, diesel, or imported fuels […]
Colombia unveils a US$40 billion financing plan to transition to a low-carbon economy
October 10, 2024
Colombia has unveiled a US$40 billion financing plan aimed at reducing its reliance on fossil fuels and promoting a low-carbon economy. This initiative includes projects focused on sustainable tourism, low-carbon industries, and the electrification of transportation, marking a significant step toward decarbonization. Source: Energy News
Colombia’s government launches ‘Energy Communities in Barranquilla’ to provide renewable energy to over 10,000 vulnerable users
September 26, 2024
The Government of Colombia, through the Non-Conventional Energy and Efficient Energy Management Fund (Fenoge) and the Ministry of Mines and Energy, has announced a project to provide renewable energy to over 10,000 users in vulnerable neighborhoods in Barranquilla. The initiative – Energy Communities in Barranquilla – aims to enhance energy access in these low-income areas.. […]
Colombian Ministry of Mines and Energy launches Ecosistema H2 Colombia to promote hydrogen development and energy transition
September 12, 2024
The Colombian Ministry of Mines and Energy has launched Ecosistema H2 Colombia, a digital platform designed to provide comprehensive information about hydrogen. The platform offers resources such as studies, regulations, investment opportunities, and project registration. Its goal is to promote hydrogen development, support industry growth, and establish hydrogen as a key component of Colombia’s energy […]
Gogoro Partners with Terpel to launch battery-swapping infrastructure in Colombia, promoting sustainable mobility
August 15, 2024
Taiwanese electric scooter company Gogoro is expanding globally, with a new venture in South America. Gogoro has partnered with Colombian fuel and lubricant specialist Terpel to introduce its battery-swapping infrastructure across Colombia. Source: MSN
Colombian engineers win first place in DOE’s geothermal energy competition
June 19, 2024
Two Colombian doctoral students at the University of Oklahoma won first place in the technical session of the University Geothermal Energy Competition hosted by the United States Department of Energy. Source: Piensa Geotermia
Colombia to receive US$700 million UAE investment after signing Cepa agreement
May 16, 2024
Colombia is set to receivean investments of between US$600 million and US$700 million from the UAE following the signing of the Comprehensive Economic Partnership Agreement (Cepa). This investment will support the development of key sectors like green hydrogen and the digital economy. Source: Business Orbital
Colombia announces first round of geothermal energy auctions
March 28, 2024
Colombia announced its first round of auctions for geothermal energy projects by the second semester of 2024. While the specific areas for tender have not been finalized, potential sites in the western mountain range, including Paipa and Iza in Boyaca, are being considered. Source: ThinkGeoEnergy