EDP Renováveis has secured two 20-year contracts at an auction organized by the Colombian Government for the construction of wind farms. The contracts refer to the Alpha (212 MW) and Beta (280 MW) onshore wind projects, which are currently being developed by EDPR and have an expected commercial operation date in 2022.
The reliability auction was carried out within the framework of the reliability auction set to guarantee security of supply, with projects being remunerated for the stability to the electricity system, in addition to the electricity they produce. EDPR will now now seek to secure long term power purchase agreements with third parties to sell the electricity produced by both farms.
Country updates
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January 29, 2019
Pre-qualification launched for the sale of Electricaribe
Colombia has opened a pre-qualification process to select a strategic partner to invest in and operate the country's power distribution company Electricaribe. The public service regulator S...
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January 28, 2019
Innova Solar plans to build 74 kWp floating solar PV project in Caribbean islands of Colombia
Innova Capital Partners, through its subsidiary in Colombia, Innova Solar Colombia, will develop and build the first floating solar project in the Caribbean islands, specifically on the island of Prov...
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January 24, 2019
Colombia grants interconnection approval for 240 MW solar PV project
Diverxia Infrastructure has achieved the Connection Concept granted by the Mining and Energy Planning Unit, ensuring the right to evacuate energy to the grid. This allows the company to continue...
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November 26, 2018
EPM receives US$300 million credit line from Bancolombia
After when work for the construction of 2.4 GW Ituango hydro project was suspended, Empresas Publicas de Medellin (EPM) received a COP1trillion credit line. The funds came from Bancolom...
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November 26, 2018
8 MW solar PV project in Colombia starts commercial operation
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 maxi...
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