Scatec Secures 15-Year Colombia Solar PPA for 130 MW El Campano Solar Plant
Scatec has signed a landmark 15-year power purchase agreement (PPA) with Celsia for its 130 MW El Campano solar plant in the Tolima region of Colombia. This significant agreement solidifies El Campano’s status as the largest solar plant in the region, representing an investment of approximately USD 100 million (EUR 93 million). This project underscores Scatec’s continued expansion in Latin America, following other ventures such as the 142 MW solar plant in Brazil [https://www.pvknowhow.com/news/scatec-secures-e25m-to-build-solar-plant/].
El Campano Solar Plant: A Boost for Colombia Solar PPA and Renewable Energy
The El Campano solar plant is poised to significantly contribute to Colombia’s renewable energy transition. With a 130 MW capacity, the plant will generate clean electricity, supporting the country’s efforts to diversify its energy mix and reduce reliance on fossil fuels. The Colombian solar market is experiencing considerable growth, particularly in off-grid solutions for remote areas, as highlighted by a recent market analysis [https://www.pvknowhow.com/solar-report/colombia/]. This project aligns with the broader trend of increasing renewable energy investments in the country. Scatec’s commitment to projects like El Campano, alongside other initiatives in regions like Tunisia [https://www.pvknowhow.com/news/scatec-solar-tunisia-25-year-ppa/] and Botswana [https://www.pvknowhow.com/news/scatec-solar-project-signs-ppa-bess/], demonstrates the company’s global focus on sustainable energy development. The 15-year PPA with Celsia ensures long-term revenue stability for the project and provides a reliable source of clean energy for the region.
