'Of those US$3 billion, more than US$2.2 billion will be focused on Colombia': Greenwood's 2030 vision

Guido Patrignani, Chairman of the Board of Directors of Greenwood Energy. Photo: Courtesy: Greenwood Energy

'Of those US$3 billion, more than US$2.2 billion will be focused on Colombia': Greenwood's 2030 vision

TL;DR

  • Colombia is experiencing exponential growth in solar energy projects, potentially reaching 4,000 megawatts of installed capacity by year-end.
  • Greenwood Energy's Terra Initiative in Colombia uses solar energy as a vehicle for social and environmental development, particularly with the Arhuaco indigenous community.
  • Each kilowatt-hour generated by Terra's solar plants contributes to a fund for the Arhuacos to acquire and preserve land, aiming to more than double their current holdings in the Sierra Nevada.
  • The Terra project involves three phases of 52 megawatts each, totaling approximately 160 megawatts and involving three indigenous communities.
  • Greenwood's 2030 vision includes deploying nearly 2,000 megawatts of clean energy, backed by an investment of approximately US$3 billion, with over US$2.2 billion earmarked for Colombia.
  • Colombia is considered Greenwood's most important country for its 2030 vision due to its significant installed capacity, large indigenous population, and rich biodiversity.
  • The company is also exploring wind energy potential, particularly in La Guajira, recognizing it as an area with high wind potential.
  • Greenwood advocates for clear, transparent, and stable long-term policies to support the energy transition.