The projects are currently positioned for commercial operation by early 2028, bolstered by existing grid connection approvals and long-term land leases. This acquisition follows NOVVA’s recent 120 MWp solar project purchase in the Philippines, signaling a concerted effort to scale its presence across emerging markets. The investment aligns with Colombia’s 2024–2031 National AI Roadmap, which aims to integrate artificial intelligence into half of the nation's enterprises and public institutions.
NOVVA Group expands into Colombia with 37.8 MW solar acquisition
With Colombia accelerating its national AI roadmap, NOVVA Group has secured a portfolio of three advanced-stage solar projects from German developer ABO Energy. The deal, which adds 37.8 MWac of capacity in the Andean highlands, marks a strategic push to build energy infrastructure for the country’s growing digital sector.
Steven Liu, Founder and CEO of NOVVA, emphasized that the firm is leveraging specialized financing to build the power foundation necessary for high-growth industrial sectors. Ingo Burdack-Debes, General Manager at ABO Energy, noted that NOVVA’s execution capabilities make them a fitting partner to transition these assets toward completion. By securing these highland solar sites, the companies aim to address the rising electricity demand fueled by the region's rapid digital transformation.
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