[Solar PV: Colombia Issues Resolution 40208 to Incentivize Renewable and Storage Integration]

Published: Apr 27, 2026 09:22

Save

The Colombian Ministry of Mines and Energy has issued Resolution 40208, establishing a long-term electricity contracting mechanism designed to mitigate demand risk and integrate renewable energy and storage capacity. The scheme involves 15-year contracts, with awards required by July 31, 2026, and delivery starting on January 1, 2030. The framework introduces four specific product categories: 24-hour supply, solar-only (6:00 a.m. to 6:00 p.m.), hybrid blocks, and peak-demand supply (6:00 p.m. to 10:00 p.m.), the latter serving as a direct signal for battery energy storage systems. This initiative marks a major step in reopening Colombia's long-term procurement market, aiming to address projected demand gaps while supporting the country's existing 1.59 GW of installed PV capacity.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Apr 30, 2026 17:47

Silver Market Price Review and Expectations Brief Commentary (April 30, 2026) [SMM Silver Market Weekly Review]

Apr 30, 2026 17:47

Apr 30, 2026 17:19

Spot Market and China Inventory Brief (April 30, 2026) [SMM Silver Market Weekly Review]

This week, the silver ingot market premium maintained a slight discount. Consumption performance remained relatively weak. Under the broader environment of invoice rectification, the market overall exhibited sluggish trading on both sides, and silver ingot social inventory continued to accumulate.

Apr 30, 2026 17:19

Apr 30, 2026 16:37

[SMM Analysis] 2025 Annual Report Analysis and Trend Outlook for Chinese PV Module Enterprises

Recently, major PV listed enterprises have successively disclosed their 2025 annual reports. In 2025, Chinese PV module enterprises entered a critical period of deep adjustment and strategic transformation after experiencing rapid expansion in the earlier period. Based on these publicly available annual report data, we have conducted a comprehensive review of the overall operational trajectory and development trends of the industry, with the relevant analysis presented below.

Apr 30, 2026 16:37