Thursday, July 11, 2019

Colombia: Geothermal to be Included in New Renewable Energy Auction

Colombia sets sights on October for delayed renewable auction (PV Tech)

Colombia’s first ever renewable auction is to be held eight months after anti-trust concerns forced its postponement, the government has decided.

The tender that was called off in February due to low participation of buyers has been rescheduled to take place before 31 October 2019, the Energy Ministry announced on Wednesday.

The auction – open to wind, solar, geothermal, small hydro and wave energy – will match renewable projects of 5MW or more with potential buyers, with contracts running for 15 years.

Read on for the Ministry's statement, as well as the legislative texts (one and two) setting out tender conditions

Read More........