The Colombian authorities have allocated 4.4 GW of solar capacity at a rate of $0.0182/kWh in the nation’s latest energy auction, with solar plants accounting for approximately 99% of the assigned capacity.
The final average price for the PV technology was significantly higher than that of the previous procurement exercise. The 61 MW solar facility is owned by Colombian oil company Ecopetrol.
Mesa recounted the history of solar PV adoption in his country and provided details on the most recent developments, including the construction of Colombia’s largest solar park by Italian group Enel and the first large scale battery project by Canadian Solar.
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