Decarbonizing Colombia VIII

This campaign is one of several to fund the installation of photovoltaic plants in 11 organizations in Colombia.  

Direct environmental impact

• Contribution to the decarbonization in Colombia, avoiding CO2 emission: The whole operation is estimated to produce over 1746 MWh of clean and renewable energy per year, avoiding the emission of 679,5 tons of CO2 annually, the equivalent to planting 30.885 trees. 
  • This campaign will be responsible to fund the production of 262 MWh of clean energy per year and avoid the emission of 101,92 tons of CO2 annually. This would be equivalent to planting 4.633 trees. 
• Cost reduction for the final clients: the decentralised energy production through renewable sources, close to the consumption site, helps to avoid distribution costs, making this a more competitive option than reverting to the national grid. Furthermore, the decreased dependency of the company on the national grid, makes it less vulnerable to price fluctuations and fiscal charges. It is estimated by Recap that the energy costs are reduced between 5% and 30% for their end-clients in Colombia. 
• Support reduction of energy consumption: through providing services for improvements in energy efficiency use, Recap allows the companies to operate in a more efficient way, allowing around 50% reduction of energy consumption from the grid. 

Indirect Impact 

• Promotion of solar decentralized energy: with its Solar Funds, Recap enables smaller organizations of many different sectors to transition to renewable energy sources. Through decentralized photovoltaic centrals, the organizations are less dependent on the national grid and improve the country’s clean energy consumption participation. 
• Support local companies: Recap partners with Colombian installers, providing them a financial option to clients interested in installing the solar plants. They ensure the companies are aligned with Recap’s values and apply screening criteria for the potential clients. Afterwards Recap makes its own financial and credit analysis. 

El Recap Solar Fund VI es parte de Recap Energy AB, una organización fundada en 2010 con la misión de proporcionar soluciones de energía limpia flexibles, personalizadas y totalmente financiadas a clientes comerciales e industriales (C&I). Desde 2016, Recap se ha enfocado en proporcionar energía solar como servicio (Energy as a Service, EaaS). La empresa tiene su sede en Estocolmo, Suecia, y subsidiarias en España (que también sirve al mercado portugués), Colombia y Brasil.

Recap tiene tres principales líneas de negocio:

1. C&I – Energía Solar en Cubiertas: especializada en proyectos solares para autoconsumo.
2. Almacenamiento de energía con baterías (Battery-as-a-Service): proporcionando una serie de beneficios para los clientes comerciales e industriales, como reducción de picos de demanda, aumento de la capacidad disponible, resiliencia y UPS, así como servicios de red.
3. Desarrollo de instalaciones solares fotovoltaicas en tierra: y ofreciendo PPAs corporativos a clientes comerciales e industriales.

La empresa cuenta actualmente con 58 empleados a tiempo completo.

Recap ha desarrollado o tiene en desarrollo 456.3 MW tanto en instalaciones solares fotovoltaicas en cubiertas como en tierra, y 5.3 MW en almacenamiento de energía.