Colombia allocates 7.5GW of renewable energy permits
Copyright © DELINIAN (IJGLOBAL) LIMITED, Company number 15236229, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
NewsLegal & Regulatory

Colombia allocates 7.5GW of renewable energy permits

Westmill. Watchfield nr Swindon, UK. Saturday 23rd June 2012. Westmill energy farm on the day of its share offer on its solar farm  Westmill is the first wind and  solar park  to be cooperativley owned by  its members  The installed Solar panels will gene

Colombia's Mines and Energy Planning Unit (UPME) has granted permits to connect close to 7.5GW of renewable energy to the national grid.

A total of 843 connection requests were submitted, representing more than 56.6GW of renewable capacity, to UPME. The authority granted connection permits to 165 projects for a combined 7,493MW, divided as:

  • Solar - 147 projects totaling 5.8GW

  • Wind - 10 projects totaling 1.6GW including 350MW of offshore capacity

  • Hydroelectric - 7 projects totaling 169MW 

UPME also awarded a connection permit to a new biomass project. Most projects are found in La Guajira, Cesar and Magdalena in northern Colombia, and in Caldas, Quindío and Risaralda in the central-western area of the country.

The authority assigned permits according to several criteria, including reliability, flexibility, reduction of emissions, restriction reduction on the grid, stock price, impact from energy losses and the status of environmental licensing.

"We are pleased to inform that we have assigned close to 7,500MW, mainly solar and wind, which will allow the great potential of unconventional renewable energy in the country to be used, guaranteeing a more reliable and competitive electric power network, by enabling greater options in the market, in addition to contributing to the change in the country's energy matrix," said Adrián Correa, head of UPME.

Colombia has been actively promoting the development of renewable energy in the country in recent years. Last December, state-owned oil firm Ecopetrol announced it will invest between COP 5.9 trillion ($1.23bn) and COP 6.8 trillion ($1.4bn) in energy transition projects in 2023 (PFR, 12/15).

Gift this article