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The French firm cited "significant delays in granting the environmental permits and licenses by local entities."

The $11 million USD facility is expected to generate 23 GWh per year.

The eleventh version of TecnoEdificios will take place in two countries: Costa Rica and Colombia, to further strengthen the networking between Latin American entrepreneurs in the Facility Management industry.

“Hydropower Latin America 2020” has evolved and now includes projects from the solar, wind and water industries, renamed now as “Renewables Latin America 2021” & taking place in a Medellín convention facility.

On the company website, it lists 5 projects under development in Colombia, plus one each in El Salvador and Jamaica, and says all projects will start construction in the second half of this year, and begin energy production at the end of 2022.

Global renewable energy operator Renovatio Group has had a presence in Colombia since 2013, trading and marketing green energy and related services to environmentally conscious business customers. Now, it is launching the first private renewable energy auction November 4, 10am,...

The coming years could be crucial for renewables. If current conditions persist, Colombia could continue to lag behind.

"Within Latin America, we see this city as one of the main focal points of innovation," says History's Cesar Coletti about Medellín.