Research and analysis

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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