New renewable and ‘clean fuel’ plants

Company News, Energy, Renewables    Nov 5, 2021 3:51 PM

The country will launch seven large-scale ‘clean’ energy plants in the coming months.

In total, there will be more than 1,000MW of installed capacity, which are distributed in three wind, three solar and one thermal natural gas complex, Portafolio reported.

“The country continues to make steady progress in the energy transition and the incorporation of renewable energies, from the sun and wind, as well as natural gas, considered a clean fuel,” Diego Mesa, Minister of Mines and Energy (MinEnergia), said.

The first project ready to go into operation between January and February 2022, is Isagen’s Guajira I wind farm with an installed capacity of 20MW.

“We are working on a growth strategy in renewable technologies, with an internal portfolio whose potential is to exceed 1,500MW in unconventional clean generation with wind plants in La Guajira but we are active analyzing other solar projects in the country,” Isagen’s Camilo Marulanda.

The solar complexes Los Llanos, Córdoba and Cartago will start operations in March 2022, each with an installed capacity of 100MW, located in Meta, Valle del Cauca and Córdoba respectively, and developed by the multinational Matrix Renewables (MR).

The next project to start operations between February and May is the Tesorito Thermal Power Plant, which is being developed jointly by Canacol (TSX: CNE) and Celsia.

“The complex will operate with 11 engines each of 18MW. This is one of the few wellhead projects in the country,” Celsia’s Ricardo Sierra highlighted.

The other two renewable projects, that will be ready for operation in June 2022, are the Alpha and Beta wind complexes, with 200MW and 350MW of installed capacity, respectively, which are being developed by EDP Renováveis (EDPR).

Bottom-Line: The entry into operation of these projects is great news, as it will provide more confidence to the Colombian energy system. In addition, the wind and solar plants will have the opportunity to demonstrate that renewable energies are a reliable backup for the system.

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