Around 70 percent of Colombia’s electricity needs are covered by hydropower. The rest comes from fossil fuels. As the demand is expected to increase significantly in the next few years, the country is now increasingly focusing on wind and solar power, which has so far played no significant role.
Wind and solar should complement hydropower
In periods of low rainfall, for example during El Niño periods, the supply of electricity from hydropower is at risk. Solar and wind energy are therefore particularly suitable because they are complementary to hydropower. As a key driver of the RELAC initiative (Renewable Energy for Latin America and the Caribbean), Colombia has committed itself to increasing the share of renewable energies in the region to 70 percent by 2030. The country itself intends to contribute 1.5 gigawatts installed capacity of renewable energy to the required expansion by 2022 and 4 gigawatts by 2030. In 2019, the Colombian Mining and Energy Ministry (Ministerio de Minas y Energía) conducted a tender for up to 1.3 gigawatts of wind and solar power capacity for the first time.
ABO Wind started project development in 2018
The subsidiary ABO Wind Renovables Colombia S.A.S. was founded in 2018. The company is currently developing a large pipeline of solar parks with a capacity of 10 to 200 megawatts each.
ABO Wind Renovables Colombia S.A.S.
Cra 42 N° 3 Sur 81, Torre 2 Piso 16
Milla de Oro - Distrito de Negocios
Phone +57 4 480 2986
Mobile +57 321 566 6061
Tel. +49 611 267 65-554
Fax +49 611 267 65-599