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Atlas Renewable Energy has signed a long-term Power Purchase Agreement (PPA) for a 128-MWp solar facility in Colombia, enabling construction and providing price stability amid hydropower fluctuations. The project utilizes bifacial modules, single-axis trackers, and is designed for future battery storage additions.

It aims to reduce dependence on thermal power during droughts and will generate local jobs. The project's location near existing transmission lines mitigates interconnection risks as Colombia advances its decarbonization efforts.