Colombia has received bids from more than two dozen companies that want to participate in the country’s first-ever tender of renewable energy projects, the energy minister said Feb. 1.
The tender is part of the Andean nation’s efforts to expand and diversify its electrical energy provision. Some 70% of Colombia’s electricity is generated with hydropower.
Bidding for 22 different solar, wind and biomass projects will take place on Feb. 26. Twenty-seven local and multinational companies are set to participate, Mines and Energy Minister Maria Fernanda Suarez told journalists, though she declined to name them.
“Our goal with the first tender is to get to 500 megawatts of installed capacity from non-conventional sources,” she said. “But the bids that we got represent 1,500 megawatts.”
“It’s undoubtedly a very good step to show the potential that Colombia has in this type of energy,” Suarez said.
The projects are expected to begin electricity production in 2021.
The government wants to have the capacity to generate 1,500 megawatts of electricity from renewable sources within four years, up from the current capacity of 50 megawatts.
Besides hydropower, some 20 percent of the country’s electricity currently comes from gas and liquid fuel, some 8% from coal and just 2% from renewables.
Recommended Reading
The Nuclear Option: E&Ps See Promising Yield from Mobile Reactors
2024-08-07 - In the Permian Basin and elsewhere, energy players consider adding small modular reactors and microreactors to their energy supply mix as electricity demand grows.
Nano Nuclear CEO Talks Microreactors Gaining Ground in the US
2024-08-28 - Nano Nuclear Energy is among several companies currently developing microreactors as the nuclear industry eyes a potential rebirth in the U.S.
EQT’s Rice: Three Mile Island Restart Not ‘Needle-Mover’ vs. Natgas
2024-09-25 - Microsoft Corp. will pay as much as $130 per megawatt-hour for the resurrected plant’s electricity that will carry a “carbon-free” label and a new name: Crane Clean Energy Center.
MTR Reaches ‘End of Road’ Test to Prove Carbon Capture Scalability
2024-07-17 - Membrane Technology and Research, working with the U.S. Department of Energy among others, is nearing the startup of a large membrane carbon capture system pilot in Wyoming to establish commercial scalability.
Energy Transition in Motion (Week of Sept. 6, 2024)
2024-09-06 - Here is a look at some of this week’s renewable energy news, including $7.3 billion in clean energy funding for rural Americans.