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Baystreet.ca - Colombia Is Betting Big On Wind And Solar


Colombia Is Betting Big On Wind And Solar
For Colombia, 2021 is starting with the promise of a boom in renewable energy generation. On January 14th, the Ministry of Finance announced the offering of its first green bonds next July, aimed at funding environmental projects, notably renewable energy plants. A new round of auction allocating 5 GW of wind and solar capacity for long-term PPAs is also slated for 2021. And although renewable energy sources (excluding hydropower) currently represent only 1% of the country’s electricity mix, Ivan Duque s government is determined to make them the next energy frontier for the country.
Fossil fuels and hydropower have historically been the cornerstones of the Colombian energy landscape. Yet, several trends suggest that it might be time for a change. The oil sector has been a key driver for the Colombian economy, with a share amounting to over 40% in the primary energy supply. However, due to rampant corruption and civil ....

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Colombia Is Betting Big On Wind And Solar


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Colombia Is Betting Big On Wind And Solar
By Tatiana Serova - Jan 18, 2021, 2:00 PM CST
For Colombia, 2021 is starting with the promise of a boom in renewable energy generation. On January 14th, the Ministry of Finance announced the offering of its first green bonds next July, aimed at funding environmental projects, notably renewable energy plants. A new round of auction allocating 5 GW of wind and solar capacity for long-term PPAs is also slated for 2021. And although renewable energy sources (excluding hydropower) currently represent only 1% of the country’s electricity mix, Ivan Duque s government is determined to make them the next energy frontier for the country. ....

La Guajira , Nemesio Roys , Sebastian Pinera , Tatiana Serova , Ivan Duque , El Paso , Renewables Law , National Interconnected System , National Energy Plan , Ministry Of Energy , Oil Major Turns To Hydrogen , Fund For Non , Colombian Ministry Of Energy , National Development Plan , For Colombia , San Carlos , Colombian Ministry , Parque Solar El Paso , Italian Enel Green , National Interconnected , Non Conventional Energies , Crude Oil , Natural Gas , லா கூஜிற , இவன் ட்யூக் , எல் பாசோ ,