Ecopetrol (NYSE: EC) is working on the construction of two new solar parks in Magdalena Medio.
The photovoltaic projects will be in Yondó (Antioquia) and Cantagallo (Bolívar), Barrancabermeja Virtual said.
In addition, the NOC plans to build another four in the departments of Meta and Huila, according to Ecopetrol sources. The company aims to have eight solar parks by 2022.
ECP highlighted that these projects are part of the sustainable and reliable energy transformation, by which the government seeks to reduce 51% of greenhouse gas emissions by 2030.
“There will be a solar eco-park in Casabe, with 5 megawatts, and another in Cantagallo with 1 megawatt. These projects will represent benefits in in the environmental part and also in the labor area,” ECP representatives said.
Ecopetrol will install 15,000 solar panels in Yondó and Cantagallo, which will have an area of six hectares.
The company estimates that 53,000 tons of CO2 emissions will be avoided, which is equivalent to the planting of 30,000 trees.
Bottom-Line: Companies in the oil sector are betting on renewable energy projects, confirming the great potential of Colombia in this area.
This is excellent news to continue advancing in the energy transition process.