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Colombian state-owned petroleum company Ecopetrol has announced that it will now invest on drilling for the planned geothermalpower generation project in Caldas, Colombia. This will require an investment of about COP 98 billion, or close to USD 25 million. USD 167 million).
Tripling the world’s renewable energy production to 11,000 GW by 2030, coupled with doubling energy efficiency, is the most impactful action to rapidly decarbonize this decade, as highlighted in the pre-COP report by the GRA, the COP28 Presidency and IRENA. The case for geothermal Currently, geothermal accounts for only about 0.5%
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