Ric Energy Group’s Post

Great article outlining the interest in renewable energy in Colombia by foreign companies. A summary follows: - Multinational companies from Germany, Argentina, Spain, China, Italy, and Canada lead significant renewable energy projects in Colombia, some initiated during the Duque administration and realized under the Petro government. - Funding for infrastructure often involves multilateral institutions like the Inter-American Development Bank (IDB), supporting Colombia's energy transition. - Transnational companies like Enel, Abo Wind, Grenergy, Black Orchid Solar, Three Gorges Corporation, and Electryon Power are instrumental in developing renewable energy projects in Colombia. - Italian multinational Enel has emerged as a major solar energy producer in Colombia, with numerous solar farms in operation since 2018, despite challenges like the delayed Windpeshi park. - Grenergy, originating from Spain, has contributed significantly to Colombia's renewable energy sector, with solar farms like Cerritos, La Medina, and Los Caballeros supplying energy to thousands of homes in Tolima. - Argentina-based Black Orchid Solar focuses on solar energy projects in Colombia, while Spanish company Acciona is engaged in renewable energy projects in La Guajira. - Chinese state electricity company Three Gorges Corporation is responsible for the Yarumo project in Baranoa Atlántico, scheduled for operation in 2024. Electryon Power, led by engineer Álvaro Torres, is involved in several projects, including Helios Lanceros and Helios Tolima, with further plans for the Amon-H2 wind farm. These projects, with approvals for construction, underline Colombia's commitment to renewable energy, with solar parks operational and others slated for 2024, aiming for a sustainable energy future. https://lnkd.in/gGDBfrh6 #renewableenergy #colombia #electryonpower #solarenergy #hydrogen #greenhydrogen

Great article outlining the interest in renewable energy in Colombia by foreign companies. A summary follows: - Multinational companies from Germany, Argentina, Spain, China, Italy, and Canada lead significant renewable energy projects in Colombia, some initiated during the Duque administration and realized under the Petro government. - Funding for infrastructure often involves multilateral institutions like the Inter-American Development Bank (IDB), supporting Colombia's energy transition. - Transnational companies like Enel, Abo Wind, Grenergy, Black Orchid Solar, Three Gorges Corporation, and Electryon Power are instrumental in developing renewable energy projects in Colombia. - Italian multinational Enel has emerged as a major solar energy producer in Colombia, with numerous solar farms in operation since 2018, despite challenges like the delayed Windpeshi park. - Grenergy, originating from Spain, has contributed significantly to Colombia's renewable energy sector, with solar farms like Cerritos, La Medina, and Los Caballeros supplying energy to thousands of homes in Tolima. - Argentina-based Black Orchid Solar focuses on solar energy projects in Colombia, while Spanish company Acciona is engaged in renewable energy projects in La Guajira. - Chinese state electricity company Three Gorges Corporation is responsible for the Yarumo project in Baranoa Atlántico, scheduled for operation in 2024. Electryon Power, led by engineer Álvaro Torres, is involved in several projects, including Helios Lanceros and Helios Tolima, with further plans for the Amon-H2 wind farm. These projects, with approvals for construction, underline Colombia's commitment to renewable energy, with solar parks operational and others slated for 2024, aiming for a sustainable energy future. https://lnkd.in/gGDBfrh6 #renewableenergy #colombia #electryonpower #solarenergy #hydrogen #greenhydrogen

Investment funds own 60% of renewable energy transactions in Spain. 🌿💰 As of October 14, 2023, Spain has emerged as a top investment destination for funds interested in renewable energy assets. 🇪🇸⚡ Evidently, some of the world's major players like Brookfield, Glenmont, IFM, GIP, and CVC have made substantial investments in our country, showcasing their strong presence. 💼🌍 This trend highlights Spain's growing significance in the global renewable energy market and offers ample opportunities for both investors and the renewable energy sector. 🌎💹 If you're considering renewable energy investments, Spain could be a promising destination to explore. 🌞📊 #RenewableEnergy #InvestmentOpportunities #FundsInSpain #GreenEconomy #SustainableFuture #GlobalInvestors #EnergyTransition #CleanEnergy #SpainInvestments #SustainabilityTrends #GreenFinance #EconomicGrowth"

Moving forward on our plan to deploy a 1.7 GW portfolio in Southern Europe! We are pleased to share that we are finishing construction of a 36MW solar PV plant in Moratalla, Murcia. This is BNZ's fourth plant to soon enter operation in Spain, where it expects to install a capacity of approximately 600 MWp by 2026. We foresee that the solar plants will start generating energy  by April 2024 and will avoid the emission of 19.000 tons of CO2 equivalent per year, creating 60 direct and indirect jobs by 2024. We continue to make strides towards realising our ambition to decarbonise and contribute to the energy transition, meeting the highest environmental and sustainability criteria, while also guaranteeing the highest compliance with Grupotec. Many thanks to Murcia Plaza and Francisco Valero Pertegal for the opportunity to share our vision and project: https://lnkd.in/dvDu8uXY #sustainability #climatechange #renewableenergy #bnzenergy #energiarenovable #pv #energy #solar #beyondnetzero #bnz

LatAm's Renewable Energy Potential: What's Holding It Back? Latin America possesses all the ingredients to become a global leader in renewable energy: abundant natural resources, diversified energy sources, an emphasis on clean energy, a robust market, and political stability. However, there are regulatory challenges, social upheavals, and a lack of political will that threaten to impede the region's renewable energy aspirations. With more significant demand for energy in the region, Latin America is becoming a solid investment hub for renewable energy. As economies grow, the need for clean energy sources becomes even more crucial. Public-private partnerships are common, facilitating renewable energy project funding. A report by Global Energy Monitor suggests that Latin America could increase its solar and wind energy capacity by more than 460% by 2030, achieving regional net-zero renewable energy goals set by the International Energy Agency (IEA). The top five countries in terms of potential solar and wind energy capacity additions are Brazil, Chile, Colombia, Peru, and Mexico. These nations represent approximately 84% of the existing large-scale solar and wind parks operating in the region. In total, Latin America and the Caribbean generate 60% of their electricity from green sources. The region has also attracted significant foreign investment in the renewable energy sector, ranking third in terms of the investment amount. Among the countries leading in this sector are Brazil, Chile, Mexico, Panama, and Peru. Investors and developers typically consider three main aspects before venturing into renewable energy projects: a responsible macroeconomic history, a comprehensive legal framework for renewable energy, and pressing energy generation needs that translate into attractive investment opportunities. Panama and Colombia are emerging as promising markets in this regard, both striving to diversify their energy mix to mitigate the effects of climate change and reduce their dependence on fossil fuels. However, there are still significant challenges facing Latin America's renewable energy journey. Financing infrastructure is a critical issue, as many countries in the region need funding to expand and improve their electrical grids. Regulations and changing policies can also pose uncertainties for investors. In light of the complexities involved, the big question is, how can Latin America overcome these obstacles to attract more investments in renewable energies? Which of the recommended actions, such as stable policies, clear legal frameworks, strengthened institutions, and infrastructure upgrades, do you believe are most essential for Latin American countries to ensure a successful transition to renewable energy? #renewablelatam #cleanenergyrevolution #sustainablefuturelatam https://lnkd.in/gjTx7Kjv

In 2022 91% of #Uruguay´s electricity came from renewable sources. Given these results, #Uruguay ranks #1 in LATAM and #14 globally according to The World Energy Council’s Energy Trilemma Index. The index is based on 3 core dimensions: Energy security, Energy equity & Environmental sustainability. Check the ranking here: https://lnkd.in/ew2_hd5 #ESG #Sustainability #Decarbonization #2ndenergytransition

Impressive amount of solar Watts [W] that feeds our energy matrix! 🇨🇴 How to protect and maintain this great investment? 💎 Big areas like these, exposed to losing their generating capacity due to the arid conditions of the terrain, dirtying the solar panels. Which turns into very large economic losses, since it directly affects the return on investment📉. How much does it cost to avoid it? Our company has dedicated resources, research and more than 3 years to build a technological solution that today contributes to this purpose to companies Who enjoy peace of mind by trusting us. (like CELSIA, VENTUS and ATLANTICA.) We develop, adapt and operate technology in Colombia and the United States. We improve every day thanks to the trust our clients have given us. We hope to continue impacting and contributing to this energy transition. 🦾⚡ Visit us: https://lnkd.in/enK828QA #solar #solarenergy #solarpower #solarpanels #renewableenergy #energy #cleansolar #solarsystem #energiasolar #solarpanel #sun #energia #sustainability #renewables #solarpv #solarpowered #photovoltaic

We are joining Ireland in the kick-start of the offshore wind revolution! 🌬️🌊 The simultaneous development of offshore wind in Ireland and Spain can only foster further collaborations among our companies, like the JV between Iberdrola and Cork based DP Energy. A rich and dynamic pan-European sector will bring down costs and accelerate innovation at a speed no one country could achieve alone. Green and affordable electricity for consumers, that must be our mantra! 🍀

What are HiTHIUM's goals toward energy transition with specialized in BESS for Chilean market? As an association member of Chilean Association for Renewable Energies and Storage, ACERA AG, HiTHIUM's Senior Sales Manager for Chile and Argentina,Carlos Jorquera, addressed in a recent interview. Read more details in the Spainish interview below.