Bavaria AB InBev and Enel Colombia have signed a 15-year long term Power Purchase Agreement (PPA) for the output of the Guayepo I & II solar project located in Ponedera, Atlantico, Colombia.
Under the agreement, Enel will supply 250 GWh/year of renewable energy to seven breweries, two malting plants and a labeling plant located in different cities across the country, starting in February 2024.
The 486.7 MWDC solar complex consists of two Phases and features over 820,600 interconnected solar panels that generate more than 1 TWh/year of energy. This first phase (Guayepo I) will have an installed capacity of 221 MWDC, of which 50%, or around 250 GWh/year will be dedicated to supplying the brewery.
Enel Green Power has started work on the 487 MW Guayepo I and II solar PV project in northern Colombia.
Read moreEnel Green Power Colombia has installed the first solar panel of La Loma, the largest solar park under construction in Colombia.
Read moreEmpresas Públicas de Medellín (EPM), the project company for 2,4 GW Ituango hydropower project in Antioquia, Colombia, has announced that the project is still viable and published the project progress information.
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2,4 GW Ituango hydropower project might face cost overruns of more than USD 1 billion, according to a leading academic. The original budget for the project was COP 1 trillion (USD 3.5 billion), but the costs have drastically increased due to numerous construction complications.
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Empresas Publicas de Medellin E.S.P (EPM) has announced an asset divestment programme expected to raise between COP3.5 trillion and COP4 trillion (US$1.13 billion and US$1.29 billion) to fund the completion of the 2.4 GW Ituango hydropower project.
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