Foreign Investment Fuels Colombia's Green Energy Revolution

Colombia is a major producer of oil and gas and is steadily developing its renewable energy industry. In 2016, the South American state launched its Energy Plan 2050, aimed at diversifying the country’s energy mix to include wind power plants, solar PV, and geothermal energy generation, and ensure a reliable energy supply in the coming decades.  In 2023, Colombia’s energy mix consisted of 41.2 percent oil, 22.8 percent natural gas, 11.2 percent coal, 12.5 percent biofuels and waste, and 12 percent hydropower, according to the International…