The planning approval of a 100MW solar PV installation and a 200MW solar PV project were announced in the Dominican Republic this week.
The 100MW solar installation, in the nation’s southwest region, will be one of the largest seen to date in the Dominican Republic. The national energy regulator signed off the project earlier this week.
This project required an investment of over USD 100 million, and will provide clean low-cost energy. This scheme is set to generate seventy permanent jobs, and will meet the energy demand of 195 000 households.
A new 200MW solar PV project was also proposed this week. The project is a partnership between the nation’s subsidiary of the U.S. firm Energy Development Partners and Bani Solar.
The investment needed for this project, located in the south of the country, is estimated at USD 200 million. This project is one of eight which received a provisional concession from the National Commission for Energy in May.
Last year, installed capacity in the Dominican Republic was calculated to be 166MW.
The Dominican Republic set a goal to be 85% renewable by 2035. Since the announcement of this goal almost a decade ago, various projects have been unveiled including a 116MW PV scheme, reportedly the Caribbean’s largest, a 1.5MW airport installation, a 25MW park in Barahona and a 361MW pipeline of solar and wind.
More and more projects are set to follow, each inching the Dominican Republic closer to its renewable energy generation goals.