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The world of renewables this week

The Government in Colombia has awarded $2.2 billion in contracts for wind and solar projects as part of attempts to diversify its electric grid. Hydropower currently provides 70% of the country’s electricity, although remains vulnerable to droughts. Five wind projects and three solar projects have been confirmed to currently undisclosed companies, contributing towards a 2.2 GW target of renewable energy by 2022.   NextEra Energy in the US has reported an increased development pipeline in renewables with its backlog rising by 1,375 MW in the quarter including 747 MW of solar and 340 MW of battery storage, all of which is to be paired with solar projects. This is despite a transmission upgrade impacting a number of existing deals which…

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