Dominican Republic - New Energy Events

The Dominican Republic’s national energy commission approved a 50 MW PV solar rooftop project
November 17, 2022
The Dominican Republic’s national energy commission granted concession for a 50 MW rooftop PV project on the island. Source: Renewables Now
Total Eren and Visolar Holdings partner to develop, finance, build, and operate a 100 MW PV project in the Dominican Republic
October 19, 2022
Total Eren and Visolar Holdings S.A. have teamed up to develop, finance, build, and operate a 100 MW PV project in the Dominican Republic. The total investment of the solar project is around US$120 million. Source: Dominican Today
The Dominican Republic will expand its protected marine areas to 30% by 2030
August 24, 2022
The Dominican Republic committed to expanding its protected marine areas to 30% by 2030 at the United Nations Ocean Conference. Source: Regenerative Travel
The Dominican Republic’s Energy Commision granted a concession to renewables sponsor Energia Renovable BAS SRL for the construction of a solar park
July 13, 2022
The Dominican Republic’s Energy Commission (CNE) agreed to grant a definitive concession to renewables sponsor Energia Renovable BAS SRL to construct the 50-MW/73.2-MWp Washington Capital Solar Park 3. The concession is for 25 years, and the firm will invest US$80 million into the project. Source: Renewables Now
Dominican Republic inaugurates 50 MW solar farm
June 2, 2022
The government of the Dominican Republic has inaugurated the 50 MW solar farm, El Soco. The total investment in the plant was approximately US$90 million. Source: Renewables Now
Banco Popular Dominicano approves green bond issue of USD 45 million
March 29, 2022
The Banco Popular Dominicano approved the issuance of a US$45 million green bond to finance new renewable energy, electro-mobility, and eco-efficiency projects. Source: Bloomberg Linea
The Dominican Republic’s Ministry of Mines and Energy signs three PPA’s for 128 MW of solar and biomass projects
March 17, 2022
The Dominican Republic’s Ministry of Mines and Energy signed three PPA’s for 128 MW for two solar parks with a combined capacity of 93 MW and one biomass-based project of 35 MW. The overall investment for the plants will be $197 million. Source: Renewables Now
STOA Invests in Phase II of Wind Farm Expansion in the Dominican Republic
January 17, 2022
Grupo Energético 23 and STOA S.A. (STOA) partner on a deal for STOA to invest in the expansion of the Poseidón Energía Renovable, S.A. 100MW Los Guzmancito wind farm project in the Dominican Republic. The first phase, commissioned in 2019, consisted of 16 Vestas turbines. The new investment by STOA includes a USD 128 million […]
Spain’s Dominion Energy, Bas unveil 50-MW solar project in Dominican Republic
December 9, 2021
After a year of building in the Dominican Republic, Spanish renewables developers Dominion Energy SL and its affiliate Bas Projects Corporation SL unveiled their 50-MW solar farm, El Soco. Development is still underway, but Bas Projects Corporation CEO Emilio Martinez told local media that the El Soco plant could be connected to the grid in […]