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- Who Owns the Green Attribute: I-RECs, Carbon Credits, and the Carbon Tax in Colombian SolarOn April 23, 2026, Verra reopened carbon crediting to new solar plants in upper-middle-income countries, Colombia included, after seven years of limiting new registrations to least developed countries. A Colombian solar megawatt-hour can now back three separate claims: an I-REC, a voluntary carbon credit, and a credit against the national carbon tax. This piece covers what each one is, what public figures say it is worth per megawatt-hour, who owns it under the contract, and what to diligence.Solar financing
- Who Lends to Colombian Solar: Peso Debt, Loan Tenor, and a 300-Basis-Point YearBanco de la República raised its policy rate from 9.25% to 12.25% between January and September 2026, and the project debt behind Colombia's largest solar plants is written in pesos. This piece reviews seven solar financings since 2022: who lent, in what currency, for how long, what a rate cycle does to a floating peso loan, and what to ask a sponsor about its debt.Solar financing
- Environmental Licensing and Prior Consultation: The Permits Behind a Colombian Solar ProjectColombia's licensing authority says it has licensed 5.9 GW of solar under the administration that left office in August 2026, while the market operator counts about 2.2 GW of effective solar capacity. Decree 1033 of 2025 cut the licensing path for 10 to 100 MW plants, but prior consultation with ethnic communities runs on a separate clock. This piece covers who licenses what, how consulta previa works, and what an investor should ask to see.Solar financing
- Behind the Meter: How a Colombian Rooftop Solar Asset Gets Paid Under CREG 174In August 2026 a regulated user in Bogota paid COP 864 per kWh, in Medellin COP 960, in Cali COP 984. Surplus exported to the grid beyond what a site imports earned the hourly spot price, which averaged between COP 124 and COP 562 per kWh across the months of 2026. That gap is the entire economics of Colombian rooftop solar. Here is how CREG 174 of 2021 credits self-generated power, where the 100 kW and 1 MW thresholds bite, what the 2025 and 2026 resolutions changed, and what to diligence in a portfolio of behind-the-meter PPAs.Solar financing
- Getting the Money Out: How Capital and Profits Actually Leave a Colombian Solar InvestmentColombia withholds 20% on dividends paid abroad out of profits already taxed at the corporate level, and 48% on profits that were not. Law 1715's 50% deduction is one of the more common reasons a distribution lands in the second bracket. This piece follows the registration, withholding, and timing steps a peso goes through to become a dollar in a US account, and what to diligence before committing.Solar financing
- How Colombian Solar Sells Power: The Spot Market, Bilateral Contracts, and the First 15-Year AuctionOn July 29 and 30, 2026, Colombia awarded 995 MW of solar and 100 MW of battery storage in its first long-term auction under Decree 1091, at COP 315.87 per kWh on 15-year contracts starting in 2030. This piece covers how a Colombian solar asset earns revenue across the spot market, bilateral contracts, and the new auction, and what each route changes in diligence.Solar financing
- Colombia's Grid Connection Queue: Why Approved Solar Megawatts Are Not Operating AssetsColombia has roughly 13.5 GW of approved solar in its pipeline and about 2.2 GW operating. Much of the gap comes from the transmission capacity allocation process that sits between a permitted project and a bankable one, and UPME rewrote its rules in May 2026. This piece covers how the queue works and what it changes in diligence.Solar financing
- How Solar Financing Works in Colombia: A 2026 GuideColombia's solar market is growing at 4 MW per month, but most installations still require upfront payment. This guide covers the financing models in use, the math behind them, and what changed with the 2025 energy communities rules.Solar financing
- Colombian Solar Economics: What Drives Returns, What Erodes Them, and What to DiligenceColombian solar is one of the higher-spread renewable asset classes in the region, and also one of the more misunderstood. This article walks through where the return comes from, what threatens it, and what an institutional investor should diligence before deploying.Solar financing
- Tax Incentives for Solar Energy in Colombia: Law 1715 and What You Actually GetColombia offers some of the most generous tax incentives for solar energy in Latin America. Law 1715 provides up to 50% income tax deduction, accelerated depreciation, VAT exemption, and customs duty exemption. This article explains how each one works and how to claim it.Solar financing
- Currency Risk and the Colombian Solar Opportunity: A Framework for USD InvestorsForeign capital often assumes that a weak peso makes dollar-denominated returns from Colombian solar fragile. This piece explains why the cash flows underneath solar assets hold up better under currency stress than that assumption suggests, and what a USD investor should diligence.Arbitrage research
- The $600 Million Signal Wall Street Is Missing: What It Would Take to Bring Climate Capital to Colombia's Residential Solar SectorIf international investors will buy COP-denominated municipal debt for transit infrastructure, what financial architecture would make them buy into Colombia's residential solar sector?Arbitrage research