SOWITEC sells a 200 MWac solar project in Colombia to a large European power utility company
Sonnenbühl, December 7, 2018 – The SOWITEC group, one of the leading developers of renewable energy projects in the wind and solar sectors, continues its successful development in Colombia. With the sale of a 200 MWac solar photovoltaic project in the province of Atlántico to a large European power utility company, the local subsidiary SOWITEC Colombia sold its second major project this year. Previously, a 100 MWac project in the province of Cesar was sold in September 2018.
SOWITEC has established a branch in Barranquilla, Colombia, since 2012. In 2014, following the enactment of Law 1715, SOWITEC decided to consistently promote solar and wind project development. SOWITEC Colombia currently has a multidisciplinary team of 17 highly qualified professionals and a diverse and competitive project portfolio designed to become part of the local energy matrix. With a current pipeline of 1,000 MW, SOWITEC has successfully established itself as one of the most important and influential project developers in Colombia.
"Today, after many challenges and hard work with several stakeholders, SOWITEC sees the results in securing the best sites in the country. We are witnessing a promising market with great potential and expect further successful project sales in the coming year", says Cristian Florez, Managing Director of SOWITEC Colombia.
About SOWITEC:
As one of the globally leading project developers for renewable energies, SOWITEC is active in 14 countries with a focus on the rapidly growing emerging and developing countries. With almost 200 employees, SOWITEC covers all areas of solar and wind power project development: from planning and conception, yield and profitability calculations, construction management, sales and financing to technical and commercial management of wind and solar parks. Almost 60 wind and solar projects developed by SOWITEC with over 2,700 MW are currently in operation or under construction in eight countries.