Lighting the Future with Clean Energy:
Energy Developments drives solar energy projects as a key solution to combat climate change. By using solar panels that convert sunlight into electricity, we generate renewable energy that powers homes and industries, ensuring a continuous and reliable supply. With solar farm projects in Colombia, we are strengthening energy security and contributing to local sustainability. Solar energy reduces dependency on fossil fuels, lowers the carbon footprint, and creates jobs, particularly in rural areas, thereby promoting sustainable economic and social development.
- In 2022, the global installed solar capacity surpassed 1,000 GW and continues to grow at an approximate annual rate of 20%.
- Solar energy avoided 870 million tons of CO₂ emissions in 2022, equivalent to removing more than 170 million cars from the roads.
- Solar energy creates more than 4.3 million jobs worldwide, with this number expected to grow as solar installations increase.
- A solar panel has an average lifespan of 25 to 30 years, maintaining optimal energy generation throughout most of its lifecycle.
- - In Colombia, the expansion of solar projects will strengthen energy security and could reduce dependency on fossil fuels by 15% in the coming years.
Energy Developments is committed to solar energy as one of the most effective and sustainable solutions in the fight against climate change. This technology converts sunlight into electricity through photovoltaic panels that, by capturing photons, release electrons to generate a clean and renewable electric current. The electricity produced can power homes and industries or be stored in batteries, ensuring a continuous and reliable supply even in conditions of low solar radiation.
The global growth of solar energy is remarkable: in 2022, installed capacity exceeded 1,000 GW, and continues to increase by around 20% each year. This expansion represents an emissions reduction of approximately 870 million tons of CO₂ per year, equivalent to taking millions of vehicles off the road. Solar energy has become a necessity to achieve a sustainable future, offering a viable and scalable solution to climate change.
In Colombia, Energy Developments is leading this energy transition with a solar farm already built and in operation, which is generating energy for the national power grid. In addition, the company has more than six additional solar farm projects that have already completed their studies and designs and are about to start construction. These projects will strengthen the country's energy security, reducing dependence on fossil fuels and providing a stable and resilient source of energy in the face of the effects of climate change.
The positive impact of solar energy extends to local communities. These projects not only decrease the carbon footprint, but also generate jobs and stimulate regional economic development. In 2021, the solar sector employed more than 4.3 million people worldwide. In rural areas and isolated communities, solar energy provides access to electricity where it was previously unavailable, improving quality of life and creating economic opportunities. Energy Developments maintains a commitment to energy independence and security by incorporating storage technologies and intelligent systems, ensuring that solar energy is not only clean, but also efficient and always available. With monitoring and control tools based on artificial intelligence, the performance of each solar panel is maximized and its useful life is extended, from 25 to 30 years, which minimizes operating costs and ensures that investments are sustainable in the long term.
As one of the purest forms of renewable energy, solar energy is a fundamental pillar on the path to a healthy and resilient planet. Energy Developments is proud to be a leader in this revolution in Colombia and the world, promoting access to clean energy and building a development model that protects the environment. With its focus on innovation and sustainability, Energy Developments' solar energy represents a crucial step towards a green and sustainable future for all.
