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Colombia awards 995MW of solar power, with batteries included for the first time in long-term contracts

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2 min read
  1. Colombia’s mining and energy ministry closed a clean-energy long-term contract auction, securing 995 MW of solar and about 100 MW of battery storage.

  2. The awarded projects include standalone solar and solar-plus-battery systems under 15-year contracts.

  3. Power delivery is set to begin in 2030, and storage was included in a clean-energy bid for the first time.

  4. Battery storage should help smooth solar volatility and improve resilience to price swings and El Niño.

  5. The volume equals roughly 3% of Colombia’s regulated power-market demand, making it a meaningful step for grid stability.

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