Planeta Rica powers up, generating clean energy for Colombia

The company’s growing portfolio now includes five operational projects across four regional countries. Illustration from MPC Energy Solutions.

MPC Energy Solutions and Akuo Energy, in a 50-50 joint venture, have linked their 26.7 MW PV plant, Planeta Rica, to the grid. The facility, constructed by Mota-Egil and funded by Bancolombia, operates under a 15-year PPA with Celsia, targeting an annual revenue of approximately USD 1.6 million by 2024. Expected to generate 48 GWh annually, the plant aims to cut over 4,000 tons of CO2 emissions each year.