Key Market Indicators
Colombian solar energy consumption is projected to double over the next five years, according to new data. By 2028, the nation's consumption of solar energy is expected to hit 0.02 exajoules, up from 0.01 exajoules recorded in 2023. This growth represents an average annual increase of approximately 14%, underscoring Colombia's commitment to expanding its renewable energy capacity. The surge in solar energy usage aligns with broader global trends as countries strive to reduce carbon emissions and transition to sustainable energy sources.
