Regulation & Policy May 13, 2021 4:54 PM
Barranquilla is considered one of the areas with the greatest potential in Colombia to develop renewable energy projects.
The city structured an ambitious renewable energy program to leverage its potential in this area, Semana reported.
One of the first initiatives was the installation of solar panels on the roofs of more than 300 public buildings. This will be the first step to guarantee the energy efficiency of the city, the report said.
Carlos Sarabia, Manager of APBAQ, explained that the idea is to make the most of the six or seven hours a day with peak sunlight, for the benefit of energy efficiency.
Mayor of Barranquilla, Jaime Pumarejo, highlighted that this renewable energy project gives continuity to the construction of the ‘Biodiverciudad’.
“We are a city aligned with the purpose of the world by betting on the energy transition,” Pumarejo said.
Pumarejo explained that this will translate into economic development, new jobs and more investment in the city.
Recently, the Mayor’s Office of Barranquilla and APBAQ made an open call that attracted 14 non-binding offers from consortia interested in participating as allies in the implementation of the program.
Entoria Energy Colombia S.A.S (Singapore) & Empresa de Energía de Pereira S.A.S E.S.P (Colombia) and Hecate Energy LLC (US) & Recap Solar Colombia S.A.S (Sweden) were selected to join this initiative.
With these companies, annualized electricity costs will be set to protect the city against future variations in energy prices. This seeks to guarantee stability in the face of market volatility.
During the development of this program, authorities estimate to save between 15% and 40% of payments in energy consumption.
Bottom-Line: Barranquila has done a great job for several years to become the energy center of the country.
The city has the potential and local authorities are on the right track to achieve it.