That's where the Bogotá Pumped Storage Power Station comes in. This $800 million project, approved in Q2 2023, aims to solve Colombia's renewable energy puzzle through an ancient concept with a modern twist: water gravity. Colombia's renewable capacity grew 23% last year, but here's the kicker –. . AES is the world leader in lithium-ion-based energy storage, both through our business project and joint venture, Fluence. The facility is located in Termozipa, around 35km north of capital Bogotá, and will have a useful life of 15. . Let's cut to the chase: when you flip a light switch in Bogota, there's a 30% chance that electricity flowed through energy storage systems before reaching your home. The Bogota energy storage power plant operation isn't just another infrastructure project – it's Colombia's secret weapon against. . Bogota, Colombia's bustling capital, is rapidly becoming a hub for energy storage photovoltaic power stations. With its high-altitude location and consistent sunlight, the city offers ideal conditions for solar projects paired with advanced storage solutions.