Celsia Solar Bolivar began to deliver photovoltaic energy to the National Interconnected System of Colombia. This solar plant, of 8.06 MW, began to generate its first megawatts until reaching its maximum capacity.
The project developed by Celsia, an energy company of Grupo Argos, is located in the municipality of Santa Rosa de Lima, in the department of Bolívar, in the north of the country. The solar farm was built through Epsa, with an approximate investment of US$8 million and financed with resources from the company's recent issuance of green bonds.
The solar facility is comprised of 32,000 solar panels spread over an area of 12 hectare (29.6 acre). It is is expected to generate around 15,542 MWh per year, enough to meet the demand of 7,400 local homes and offset around 5,641 tonnes of carbon dioxide (CO2) emissions annually.
In environmental terms, the energy of Celsia Solar Bolivar will prevent the emission of more than 170,000 tons of COR2 for 30 years.
Country updates
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November 21, 2018
CTG and EDP acquire a hydroelectric project in Talasa
China Three Gorges (CTG) and Energias de Portugal (EDP) acquired a 20% stake in the hydroelectric power plant project in Talasa, Colombia. The acquisition was conducted through Hydro Global....
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November 20, 2018
250 MW wind project gets approval in Colombia
The Alpha Wind Energy Generation project was granted an environment license from national authority ANLA. The wind farm would include 65 wind turbines producing up to 250 MW in the village of Limoncit...
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October 29, 2018
Celsia closes control over Begonia Power
Celsia S.A E.S.P., an energy company of the Argos Group has acquired the control of the company Begonia Power S.A.S E.S.P upon reaching a 57.65% stakes in its social capital. The acquisition of contr...
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September 11, 2018
EPM discloses progress of reconstruction of 2.4 GW Ituango hydroelectric dam
Empresas Públicas de Medellín (EPM) has disclosed to Superfinanciera, Colombia’s financial market regulator, its progress in reconstructing the 2.4 GW Ituango hydroelectr...
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September 10, 2018
EPM to sell US$1 billion assets to fund 2.4 GW hydropower project
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 comp...
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