Atlas Renewable Energy Secures 128-MWp PPA for Solar Project in Colombia
Atlas Renewable Energy has secured a long-term Power Purchase Agreement for a 128-MWp solar project in Colombia, aimed at providing price stability amid hydropower fluctuations. The project will utilize advanced technologies and is designed for future battery storage, helping to reduce reliance on thermal power during droughts while generating local employment. Its strategic location near existing transmission lines also mitigates interconnection risks as Colombia pursues its decarbonization goals.
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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.
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