Colombia renewables tender in 2021 to contract 5 GW

Colombia will be offering more than 5,000 MW of capacity in the next renewable energy auction for long-term contracts scheduled for the first quarter of 2021. The procurement round will be oriented towards power retailers serving large industrial consumers and the projects would have to come online before December 2022. The government expects the new auction to allow the country to take even more advantage of its solar potential, especially with more than 6,657 MW across 196 schemes by October 31, according to the national mining and energy planning unit UPME.

Source: Renewable snow