Scatec Secures 15-Year PPA for 130 MW El Campano Solar Plant in Colombia
Scatec has signed a landmark 15-year power purchase agreement (PPA) with Celsia for its 130 MW El Campano solar plant in Colombia’s Tolima region. With an investment of approximately USD 100 million (EUR 93 million), the agreement establishes El Campano as the largest solar plant in the region. The project also underscores Scatec’s continued expansion in Latin America, building on other ventures like its 142 MW solar plant in Brazil [https://www.pvknowhow.com/news/scatec-secures-e25m-to-build-solar-plant/].
El Campano to Advance Colombia’s Renewable Energy Goals
The El Campano solar plant is poised to make a significant contribution to Colombia’s renewable energy transition. Its 130 MW capacity will generate clean electricity, helping the country diversify its energy mix and reduce its reliance on fossil fuels. This project aligns with considerable growth in the Colombian solar market, particularly for off-grid solutions in remote areas, as noted in a recent market analysis [https://www.pvknowhow.com/solar-report/colombia/].
The 15-year PPA with Celsia ensures long-term revenue stability for the project while providing a reliable source of clean energy for the region. This commitment reflects Scatec’s global focus on sustainable energy development, with projects in other 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/].
