New 15-year purchase agreements of renewables in October 2021

Colombia’s next renewable energy auction will be held no later than October 31, 2021, the Colombian ministry of mines and energy said in a new resolution. The auction will award 15-year power purchase agreements (PPAs) to projects of 5 MW and above, which will have to start delivering the contracted electricity as of December 1, 2022. The current 2,085 MW, capacity falls short of the country’s 2017-2031 plan for the generation and transmission expansion, the ministry said.

Source: Renewablesnow