Mainstream PPA signals access into Colombia

• Supply agreement with Air-e indicates that the 100MW Andromeda solar farm can be built

Mainstream Renewable Power has actually commercialised its very first development in Colombia by authorizing a deal to supply 180 gigawatt-hours of electricity a year from the 100MW Andromeda solar farm in an exclusive power purchase agreement (PPA).

The plant, located in Toluviejo, is to supply the electrical power to Air-e, a Colombian energy circulation firm.

The PPA has a tenure of 15 years, as well as will certainly enter effect from 2024, when the about 195,000 solar panels are mounted and new transmission facilities remains in location.

Mainstream president Mary Quaney claimed: "Mainstream is proud to introduce our very first major milestone in Colombia, a country with huge possibility to shift swiftly to renewable energy.

" We have been at the leading edge of establishing clean energy around across the world, from Chile to South Africa, as well as our work in Colombia is a crucial instance of exactly how Mainstream plans to accelerate its growth trajectory with the assistance of Aker Horizons and our new lasting strategic financier Mitsui & Co.

" We eagerly anticipate building on this substantial accomplishment in Colombia and enabling it to decarbonise via the large-scale deployment of renewables-- with thousands of megawatts currently in the pipeline, we are well on our method."

Colombian Vice Minister for Mines and Energy Miguel Lotero Robledo stated: "The access of energy from non-conventional renewable resources to the electrical energy grid of La Guajira, Atlántico and Magdalena thanks to this Air-e auction ratifies the nation's commitment to an environmentally friendly energy transition, while including reliability to the system."

Air-e basic manager Jhon Jairo Toro said: "This brand-new system of auctions as well as long-term contracting will make it possible for the building and construction of solar projects in the divisions of Bolivar, Magdalena, Sucre, Valle del Cauca and also Tolima.

" This auction stands for an important landmark for the firm, its consumers and also the country due to the fact that we want to advertise the manufacturing of energy in an eco-friendly manner. We also seek competitive costs for the benefit of our clients."