Venezuela relies on oil revenues to import fuel and diluents needed to process heavy crude. In June, the country exported some 844,000 barrels per day of crude fuel, an 8% increase from the previous month. However, the termination of U.S. licenses allows partners like Chevron and Repsol to trade Venezuelan crude. This results in significant […]
Pin insulators support Venezuela’s oil exports rise Read More »
The aging infrastructure in Venezuela exposes the country to frequent blackouts and power crises. The power crisis also arises from the dependence on hydropower, which accounts for 60% of the total electricity supply. Hydroelectric power output has dropped by 40% since 2020 due to prolonged drought and infrastructure decay. This also demands increased investments in
Deadend clamps boosting Venezuela’s power stability Read More »
Electric mobility in Colombia is undergoing transformation, driven by the arrival of new models and sustained sales growth. Investment from Asian and domestic brands establishes the nation as a frontrunner in embracing clean technologies and sustainable transportation. Government incentives, heightened environmental consciousness, and the growth of charging infrastructure contributed to the rise of electric mobility.
Pole bands support EV charging growth in Colombia Read More »
Most renewable energy projects in Colombia have been stalled due to regulatory delays, grid limitations, and community disapproval. Colombia has been implementing various measures and efforts to help increase renewable energy development. Recently, a developer-friendly clause has been added to Colombia’s first-ever offshore wind lease as it opens to bidders. The National Hydrocarbons Agency and
Cutout fuses boost offshore wind tech in Colombia Read More »
Colombia is planning on phasing out the use of fossil fuels like gas, oil, and coal in its energy sector. However, the oil industry is experiencing significant decline due to falling private investment, stricter regulations, and increased taxation policies put in place by the Petro administration. This has led to a decrease in oil production
Yoke plates enable oil growth and clean energy shift Read More »
IRENA, the International Renewable Energy Agency, highlights significant investment possibilities for large-scale solar and onshore wind energy initiatives in Colombia. The nation possesses considerable land capacity appropriate for solar PV and onshore wind advancements. Colombia is revealing a renewable energy potential of 1,600 GW. In 2024, the country introduced 1.6 GW of new utility-scale, while
Cable Suspension Bolts Power Colombia’s Grid Shift Read More »
There are various mergers and acquisitions in Colombia’s renewable energy sector that signal a market-balancing opportunity and risk. Celsia, a recent buyer in the deal, acquired a 675 MW solar and wind portfolio from Ireland’s Mainstream. Additionally, a state oil company, Ecopetrol, has targeted assets from Statkraft, AES Corp., and Enel. Ecopetrol has pivoted to
Deadend clamps boost ROI in Colombia’s renewables Read More »
Colombia has made significant steps in renewable energy adoption by speeding up its transition to a cleaner, more resilient power grid. This depends on the country overcoming key challenges while leveraging its natural benefits. Colombia is rich in renewable resources such as hydropower, wind, solar, biomass, and geothermal. The country can move fast through speeding
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LanzaJet and BioD initiated a feasibility study to create the first sustainable aviation fuel (SAF) production facility in Colombia. The research will test the technical, financial, and operational needs for the successful and sustainable adoption of the technology in the nation. It is dedicated to manufacturing SAF in Colombia by utilizing agroforestry waste and energy
Suspension clamps aid Colombia’s SAF expansion Read More »
With increasing renewable energy generation, Colombia and Panama made progress toward regional energy integration. This development promises extra revenue for Colombia and deepens diplomatic and economic ties between two nations. Colombia is expanding its renewable energy sector in solar, wind, and hydroelectric power. Exporting clean energy to Panama provides a new stream of income for
Cutout fuses in Colombia–Panama power trade setup Read More »
