By Dominic Chopping STOCKHOLM–Aker Horizons AS, a Norwegian investor in renewable energy and other emissions-reducing technologies, said Friday that its Mainstream Renewable Power portfolio company has signed a power-purchase agreement to supply 180 gigawatt hours of clean energy a year in Colombia.
Mainstream will build the 100-megwatt Andromeda solar power plant, located in Toluviejo, Colombia, to supply electricity to Colombian energy distribution company Air-e. The agreement has a tenure of 15 years and will come into effect from 2024, once the 195,000 solar panels are installed and new transmission infrastructure is in place, it said. Mainstream was one of four companies awarded a contract as part of the competitive auction run by Air-e, in which Mainstream secured 50% of the total available capacity. Write to Dominic Chopping at…