Does Colombia have solar power?

In the first renewable energy auction for the country, over 1 GW of wind power was awarded in 2019 for a 15-year power purchase agreement from 2022. Colombia has significant solar power resources because of its location in the equatorial zone, but the country sits in a complex region of the Andes where climatic conditions vary.

Can solar energy boost energy supply in Colombia?

In this sense, Serrano (2017b) carried out in Colombia an analysis of the use of solar energy for the future of the country as part of the general concern for the increase in the emission of polluting gases into the atmosphere and that it can boost energy supply through renewable sources.

Will solar and wind power increase in Colombia in 2022?

Colombia has world-class wind and solar energy potential and recent regulatory updates have enacted a robust framework of incentives. However, as of 2022, solar and wind have an operating installed capacity of just about 1.5% of the capacity mix. The next five years could see a sharp increase in solar and wind capacity.

Is Colombia a good alternative to solar power?

Despite this, Colombia has a uniform solar radiation potential throughout the year, calculated at 4.5 kWh/m 2, making it a potential alternative for generating electricity through photovoltaic systems.

Are political incentives needed for a solar energy transition in Colombia?

This results in a lack of political incentives and not enough will and public interest. 86% of the respondents mentioned that to have a successful energy transition, more political incentives are needed since solar energy is still too expensive in Colombia, caused by expensive solar equipment and a lack of skilled labor.