PSR, JV between ReFeel and Projetto Engineering has been developing an extensive pipeline of large PV projects.
Aim of the JV is to set the basis for energy generating plants that can leverage Colombia’s high irradiation in specific locations. Colombia is considered to be the last “sleeping giant” of Latin American countries regarding the renewable energy market, however an awakening is expected.
Recent positive changes in the country energy regulation, a normalizing peace process, a stable economic and financial environment coupled with high risks of black-outs in some areas of the country are finally unlocking Colombia’s potential growth in renewable energy. Moreover government auctions are expected in 2017.