Colombia - Page 10 of 12 - New Energy Events

Invenergy, EPM partner to bring more renewable energy capacity to Colombia
December 2, 2019
U.S. energy firm Invenergy announced a joint venture with with Empresas Públicas de Medellín (EPM) to bring more than 400MW of renewable energy capacity to Colombia over the next five years. EPM is looking to expand beyond hydropower, which includes its problem-plagued Hidroituango dam project. This new enterprise has Invenergy developing and operating wind and […]
Colombia awards 2.2 GW of solar and wind in first auction
November 6, 2019
Colombia’s National Mining and Energy Planning Unit allocated 2.2 GW of solar and wind power generation capacity in the country’s first renewable energy auction, which was finalized yesterday. The exercise’s final average price was COP95/kWh ($0.027), and the highest bid reached only COP110. The authority said the auction will enable the country to raise its […]
27 companies will participate in Colombia’s auction for large-scale solar and wind projects
September 18, 2019
The Colombian National Mining and Energy Planning Unit has announced they received over 50 bids from 27 companies for their large-scale solar and wind auction planned next month. The large list of bidders has many global companies, including Acciona, Canadian Solarm EDF, Enel, Solarpack, Trina. A few Colombian power distributors will also participate in the […]
Colombia will include geothermal in its first renewable energy auction
July 15, 2019
Colombia’s first renewable energy auction, which will be held in October of this year, will be open to wind, solar, geothermal, small hydroelectric and wave energy projects. Colombia currently has an estimated 18MW of installed geothermal capacity, and potential to install much more. The renewables tender had to be postponed in February, and is now […]
Colombia ratifies its goal to reach 1500MW of renewables by 2022
July 4, 2019
Colombia announced it commitment to meet its Paris Agreement targets of carbon emissions reduction by reaching an installed capacity of renewable energy sources of 1500MW by 2022. The Colombian Minister for Mining and Energy, María Fernanda Suárez Londoño, made the announcement at a preparatory meeting for the UN Climate Action Summit. “The diversification of our […]
Colombia and U.S. sign MoU to strengthen cooperation on energy
May 15, 2019
Colombia and the U.S.have signed a Memorandum of Understanding to establish a framework of cooperation on energy matters, including in the renewable energy sector. The agreement aims to establish technical assistance, knowledge and information sharing, capacity-building to push forward their energy transition. Colombian President, Iván Duque, Colombian Secretary of State Carlos Holmes Trujillo, the Minister […]
Colombia receives USD 600m loan to improve its energy matrix
May 1, 2019
The Inter-American Development Bank has announced it will support Colombia to diversify its energy matrix, focusing on renewable energy sources, with a USD 600m loan. Renewables which will be integrated into Colombia’s energy mix will include wind, solar and biogas. The loan will be used to implement policy reforms to ensure efficient electricity supply to […]
1GW renewables auction launched in Colombia
January 29, 2019
Colombia launched a tender for renewable energy projects through 10-year power purchase agreements. This could be an opportunity to introduce geothermal projects to a country with high potential for them. The Colombian Government’s statement indicated that the contracts would produce a total power of 3,443 GWh per year. With the public and international auction process […]
Colombia government approves feasibility of $540m of energy projects
January 17, 2018
Colombia is moving closer to a renewable energy future after positive developments last week from the Ministry of Mines and Energy. The Ministry approved the technical and financial feasibility of 11 energy projects with an investment totaling $540 million. Colombia has potential to develop small hydropower, renewable energy, energy efficiency, and network expansion. The Ministry […]