Renovatio Launches Colombia’s First Private Renewable Energy Auction

Global renewable energy operator Renovatio Group is launching the first private renewable energy auction in Colombia. The auction offers to buy up to 20 GWh per month of green energy for terms up to 25 years. Any nonconventional renewable energy project as defined by Colombia’s Ministry of Mines and Energy according to law 1715 can participate. This includes wind solar, biomass, and small (less than 20MW) hydroelectric projects.

Source: Finance Colombia