White Paper /// Colombia - Country Report
The purpose of this report is to provide key facts and figures on the economic and political landscape of Colombia, along with a summary of the major developments in its rapidly-growing solar market.
In recent months, the world has closely been following the general elections in Colombia. The business-friendly election results have opened the door for more favorable renewable energy policies. The new government, acting within the regulatory framework for renewable energies established by the previous administration, has announced the first renewable energy auction for January 2019, in which 1,500 megawatts (MW) worth of new renewable energy projects are expected to be awarded.
This long-awaited auction adds to the successes achieved in the distributed generation (DG) segment and area of bilateral power purchase agreements (PPAs).
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