The growth of renewable energy in Colombia notwithstanding, the sector faces regulatory and structural obstacles hindering investment and project development. In 2024, 47% of companies in the sector failed to materialise their investments due to delays in environmental and technical permits, while 57 projects were halted due to social tensions and difficulties in prior consultations. This article analyses the main regulatory challenges, their impact on the market, and potential solutions to unlock the sector's growth.

ATESS is playing a key role in Cuba’s renewable energy transformation by offering advanced energy storage solutions that address grid instability, enhance energy independence, and maximise the use of solar resources. With scalable systems tailored to urban, industrial, and rural needs, and technologies like seamless on/off-grid switching, ATESS supports Cuba’s target of 24% clean energy by 2030. Their proven success in markets like Jamaica showcases their ability to deliver cost-effective, sustainable solutions for Cuba’s energy challenges.

Bancolombia’s Daniel Arango shares how Colombia can emerge as a regional leader in energy transition by reducing GHG emissions, scaling renewable projects like solar energy, and advancing green hydrogen initiatives with innovative financial solutions.

Colombia is emerging as a major player in renewable energy, shifting away from its reliance on hydroelectric power. The inauguration of a 144 MW solar park by Spanish energy firm Zelestra marks a decisive step in the country’s energy transition. With abundant solar and wind resources, investor-friendly policies, and increasing demand for clean energy, Colombia is rapidly becoming an attractive destination for global renewable energy investments.

Colombia faces critical energy challenges, including climate phenomena like El Niño and delays in energy policy. Natalia Gutiérrez, president of Acolgen, underscores that ensuring energy security is essential for a successful transition to cleaner energy sources. With investments of COP 10 trillion needed by 2027, the country must adopt a balanced energy strategy that integrates renewables and reliable conventional technologies.