Canadian Solar announced it has been awarded the first utility-scale battery storage project in Colombia of 45 MW / 45 MWh.
The project was awarded in the public tender launched by Colombia’s Ministry of Energy and Mines, via its affiliate UPME, the Mining and Energy Planning Unit.
Located in the city of Barranquilla in northern Colombia, this project will consist of a 45 MWh lithium-ion battery energy storage system and is expected to reach commercial operation by June 2023. The project is granted with a 15-year revenue structure with the Colombian government and is indexed to the country’s inflation or producer price index.
The Barranquilla project will strengthen the electricity transmission network in Atlantico Department in northern Colombia and support the government’s efforts to prevent future supply deficits. It will also support a greater penetration of renewable energy in the Colombian electricity system by improving the reliability of intermittent sources of energy.