During the last four years Celsia multiplied by 13 its solar power generation capacity and reached 132 MW. This year it will put into operation an additional 100 MW18 May 2022
- Celsia currently has eight farms in Colombia, Panama and Honduras, and 96 photovoltaic flats and roofs that serve industrial customers, universities, shopping centers, hotels, among others; and has installed panels in 483 homes.
- The company currently has solar projects under structuring and development for 1,000 MW that could be executed in the next four years.
- In 2022 alone, the Grupo Argos energy company expects to reach a total of 30 solar farms with an installed capacity of 300 MW.
In the last four years Celsia, the Grupo Argos energy company, has become a leading platform in renewable energy generation in Colombia with 132 MW in operation and more than 1,000 MW in structuring and development for the next four years. In 2017, Celsia entered 9.8 MW of photovoltaic energy, with the first farm in Yumbo. Between 2018 and 2021, more than 122 MW were incorporated, between farms and solar roofs. In the next four years, more than 1,000 MW will enter with the start-up of large solar farms such as Escobal in Ibagué and Darío Múnera Arango in Santander, among other projects.
In 2021, solar farms, solar floors and solar roofs generated 153.3 GWh/year, an increase of 47.8% compared to 2020, due to the 53 MW of installed capacity that were commissioned during the year. In the first quarter of 2022 and together with Parex Resources Colombia, Celsia inaugurated its first farm in Casanare, with an installed capacity of 3 MW and an annual energy production of 5.9 GWh-year, equivalent to the energy consumed monthly by 3,000 families in Colombia, avoiding emissions of approximately 3,500 tons of CO2 in the first year.
Also during the first quarter of the year and with the aim of promoting non-conventional renewable energy and efficient consumption in companies, the Grupo Argos energy company created with Grupo Bancolombia Capital, an investment platform to facilitate the development of solar generation projects and energy supply services generated by alternative sources, with a capacity of up to 7.99 MW per project. With this platform, it is expected to exceed 160 MW installed for different clients in the next five years.
Additionally, 17 solar farms are under construction that will add nearly 260 MW of installed capacity between 2022 and 2023, as part of the objective of reaching 1 GW of total operating capacity in four years. Today the organization has eight solar farms in Colombia, Panama and Honduras, and 96 photovoltaic flats and roofs that serve industrial clients, universities, schools, shopping centers, hotels, clinics and residential units, among other sectors; and it has also equipped 179 homes in Colombia and 304 homes in Panama with panels.
Grupo Argos Foundation
The Grupo Argos Foundation and Terraformation sign an alliance to drive an ambitious carbon offset project through the planting of over 2.3 million native tree species in the southwestern region of Antioquia11 September 2023
Terraformation has selected the Grupo Argos Foundation's participatory ecological restoration program, "Sembrando Futuro," from among more than 200 applications in the inaugural cohort of its Forest Carbon Accelerator. This initiative stands as the sole selection in Latin America.
Grupo Argos supported the transaction in which Cementos Argos will combine its operations in the United States with Summit Materials, a company listed on the New York Stock Exchange.7 September 2023
The transaction was promoted by Grupo Argos in its role as an asset manager and majority shareholder of Cementos Argos, marking a significant milestone in the company's history of growth and value creation since its entry into the U.S. market in 2005.
The National University of Colombia and the Grupo Empresarial Argos launch the third cohort of the Sustainability Chair for more than 10,000 undergraduate students in Colombia.6 September 2023
Creamos Valor Social
Over 450 social and community leaders from Medellín, along with students, entrepreneurs, and volunteers from the Argos Group, connected with their life purpose through the "Creamos Valor Social" program.6 September 2023
The event "A Life with Purpose and Gratitude" was led by Nicolás Mejía, an entrepreneur in the automotive sector, a member of various boards of directors, teacher, and speaker from Medellín. He shared with attendees easily applicable tools to connect with their life purpose and achieve success both personally and professionally.