& Tobago

Very usefull links


News links




Dow Jones

Oil price



Views and News





Colombia gets bids from 27 companies in renewable energy tender -minister





Petroleumworld 02 04 2019

Colombia has received bids from more than two dozen companies that want to participate in the country's first-ever tender of renewable energy projects, the energy minister said on Friday.

The tender is part of the Andean nation's efforts to expand and diversify its electrical energy provision. Some 70 percent of Colombia's electricity is generated with hydropower.

Bidding for 22 different solar, wind and biomass projects will take place on Feb. 26. Twenty-seven local and multinational companies are set to participate, Mines and Energy Minister Maria Fernanda Suarez told journalists, though she declined to name them.

“Our goal with the first tender is to get to 500 megawatts of installed capacity from non-conventional sources,” she said. “But the bids that we got represent 1,500 megawatts.”

“It's undoubtedly a very good step to show the potential that Colombia has in this type of energy,” Suarez said.

The projects are expected to begin electricity production in 2021.

The government wants to have the capacity to generate 1,500 megawatts of electricity from renewable sources within four years, up from the current capacity of 50 megawatts.

Besides hydropower, some 20 percent of the country's electricity currently comes from gas and liquid fuel, some 8 percent from coal and just 2 percent from renewables.


We invite you to join us as a sponsor.


Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.

Hit your target - Advertise with us

PW 300.000 plus request per week

Reporting by Nelson Bocanegra; writing by Julia Symmes Cobb; Editing by Helen Murphy and Alistair Bell from Reuters.

reuters.com 02 01 2019

Copyright© 1999-2019 Petroleumworld or respective author or news agency. All rights reserved.

We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions Petroleumworld.com as the source.

Other stories you have to get authorization by its authors. Internet web links to http://www.petroleumworld.com are appreciated.

Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Twitter: @petroleumworld1


Contact: editor@petroleumworld.com,

Editor & Publisher: Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2019, Elio Ohep A. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2019, Petroleumworld ™  / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.