Released August 27, 2021 | cordoba, argentina
en
Researched by Industrial Info Resources (Sugar Land, Texas)--On October 26, Colombia's Ministry of Mining and Energy, through XM Compañía de Expertos En Mercados S.A E.S.P. (XM), the national interconnect system operator and wholesale energy market administrator, will hold a power purchase agreement (PPA) auction for new renewable energy.
Although the total capacity to be awarded will be defined during the auction, the participating projects should consist of the construction of new-build solar photovoltaic, wind, geothermal, hydro, biomass and municipal solid waste thermal power with a generating capacity between 5 megawatts (MW) and 20 MW. The awarded contracts will be for a 15-year period starting January 2023.
This is the third long-term PPA auction held in the country; the first two were held in 2019. Industrial Info is tracking more than 340 active renewable power projects in Colombia, with a combined total investment value of nearly $31 billion. Solar power accounts for more than $14 billion of this. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Although the total capacity to be awarded will be defined during the auction, the participating projects should consist of the construction of new-build solar photovoltaic, wind, geothermal, hydro, biomass and municipal solid waste thermal power with a generating capacity between 5 megawatts (MW) and 20 MW. The awarded contracts will be for a 15-year period starting January 2023.
This is the third long-term PPA auction held in the country; the first two were held in 2019. Industrial Info is tracking more than 340 active renewable power projects in Colombia, with a combined total investment value of nearly $31 billion. Solar power accounts for more than $14 billion of this. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
