Finalists for Oct. 26 Colombia Auction

XM Selects 69 Companies In Colombia’s 3rd RE Auction

Finalists for Oct. 26 Colombia Auction

A total of 22 renewable power supply companies have made the cut as shortlisted firms for Colombia’s 3rd renewable energy auction. (Illustrative Photo; Photo Credit: TR STOK/Shutterstock.com)

  • Colombia’s XM has prequalified 69 companies for its 3rd renewable energy auction for October 26, 2021
  • It comprises 47 buying entities, and 22 energy sellers with 38 power generation projects in the fray
  • List of competing bidders includes names as Enel Green power, EDF Renewables, Celsia, Canadian Solar, Trina Solar among others

XM, a subsidiary of Colombian state transmission company ISA, has selected a total of 69 companies as having prequalified for the country’s 3rd renewable energy auction, due to be held on October 26, 2021 (see Latin America PV Snippets: Scatec, Atlas, Shell, XM).

Shortlisted names include 47 buyers and 22 renewable energy power generation companies. The 22 companies have proposed to sell power to buyers from 38 projects. Some of the names from this list of 22 sellers are Enel Green Power Colombia, EDF Renewables Colombia, Solarpack Colombia, Celsia Colombia, Canadian Solar Energy Colombia, Trina Solar Colombia, Mainstream Colombia, among others.

The complete list of 69 buyers and sellers is available on XM’s website.

Having cleared legal, financial and technical requirements as prequalifiers, all of these companies have time till October 1, 2021 to present their proposals. Once the winners are announced, formal contracts will be signed on December 20, 2021, as per the current schedule.

Contracts will be signed between the buyers and sellers for 15-year duration, starting from January 1, 2023.

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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