- EDF Renewables Colombia exits 145 MW solar project in Girardot, Colombia.
- Delays in permits, licenses, and rate changes impacted project profitability.
- No operational wind or solar projects out of nearly 2 GW awarded.
- Colombian government seeks to expedite environmental licensing for renewables.
- Ongoing efforts to improve the regulatory environment for renewables.
EDF exits 145 MW PV project in colombia
EDF’s decision reflects challenges in the Colombian renewable energy market.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)