[Solar PV: Colombia Announces Long-Term Clean Energy Auction to Boost Grid Resilience]

Published: Apr 29, 2026 11:20
Colombia’s Ministry of Mines and Energy has announced a new clean energy auction under Resolution 40208 to secure 15-year supply contracts starting in 2030. The scheme supports solar, wind, battery storage, and hybrid projects through four distinct product categories, including peak-hour supply to incentivize energy storage. By mitigating price volatility and addressing climate-related risks like 'El Niño', the initiative aims to strengthen the national power system and accelerate the integration of renewable energy. The auction process is scheduled for completion by July 31, 2026.

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