Technical FAQs 4

How much solar power does Colombia have?

The Colombian authorities have allocated 4.4 GW of solar capacity at a rate of $0.0182/kWh in the nation’s latest energy auction, with solar plants accounting for approximately 99% of the assigned capacity.

Is Colombia a good country for solar energy?

Colombia's solar resource is significant but underdeveloped to date. Installed solar capacity still represents only 1,4% of its total, but recent growth is remarkable: since 2018, its renewable energy production has increased 25-fold, and with projects underway by 2024, even greater growth is expected.

Who owns a 61 MW solar plant in Colombia?

The final average price for the PV technology was significantly higher than that of the previous procurement exercise. The 61 MW solar facility is owned by Colombian oil company Ecopetrol.

What is the history of solar PV adoption in Colombia?

Mesa recounted the history of solar PV adoption in his country and provided details on the most recent developments, including the construction of Colombia’s largest solar park by Italian group Enel and the first large scale battery project by Canadian Solar.

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