Colombia's Tecnoglass to invest USD 15m to go solar - report

Colombian architectural glassmaker Tecnoglass SA will invest USD 15 million (EUR 12.9m) in a project to generate solar power, El Heraldo reported last week citing a statement by the company.

The solar project will be implemented in stages and will reach a total capacity of 12 MW. Developed in partnership with Panasonic Latin America SA, the installation will help the Colombian company address the current conditions of uncertainty on the energy and gas market at home.

The first phase will consist of the installation of 3,762 photovoltaic (PV) panels on the roof of the company's new soft coat glass factory at its manufacturing complex in Barranquilla. That stage will require an investment of USD 1.9 million and is expected to be completed within six months.

(USD 1.0 = EUR 0.862)

Choose your newsletter by Renewables Now. Join for free!