Sep 26 (Renewables Now) - Investment firm Innova Capital Partners LLC has entered into an agreement with Ciel & Terre (C&T) to jointly develop floating solar power projects throughout the Republic of Colombia.
Innova Solar Colombia (ISC) will serve as local developer and investor, whilst C&T will be supplying its floating photovoltaic (PV) technology for the projects, the companies said in a statement on Monday.
The two parties believe that Colombia has a large number of reservoirs with the needed infrastructure to develop floating solar arrays. They did not provide details about specific projects.
C&T is the developer of the patented and industrialised water-based PV concept HYDRELIO. It involves the installation of PV modules on inland and artificial water bodies.