Dominican Republic - Page 8 of 12

Dominican Republic to invest USD 900m in renewable projects
May 31, 2019
Dominican Republic’s National Commission for Energy (CNE) has authorised the grant of twelve provisional concessions for new renewable energy projects totaling 874 MW. Two projects are focused on wind energy, eight will produce electricity from solar energy and two are thermal energy projects. Another five applications for the development of further renewable energy projects are […]
116MW Dominican Republic solar project acquired by German renewables developer
May 13, 2019
Blue Elephant AG acquired the majority stake in the 116MW Montecristi solar power project in the Dominican Republic. The company’s legal adviser, international law firm Watson Farley & Williams, announced last week the project had been acquired from F&S Solar Concept GmbH. F&S is a solar farm builder which now remains on the project as […]
Wind farm in Dominican Republican enters into commission
April 15, 2019
A 50MW wind farm in the Dominican Republic started operations last week. This project, the Agua Clara wind farm, is equipped with 25 wind turbines of 2MW each. Agua Clara will be supplying electricity from clean and renewable energy sources to over 250 000 households. The wind farm was developed by Inkia Energy Ltd on […]
Dominican Republic breaks ground on PV plant
February 28, 2019
The Dominican Republic has broken ground on a new 5MW solar PV project. U.S. company WCG Energy Ltd started the installation of the photovoltaic park. The solar energy park is located in Mata de Palma, Guerra, and will provide 80 000 inhabitants with electricity. The project will provide 110 million KW per year of clean […]
Dominican Republic to facilitate wind and solar energy investments
January 17, 2019
The Dominican Republic has reopened requests for provisional concessions for wind and solar energy projects, “with the hope of revitalising investment in this sector”, said the National Energy Commission (NEC). Ángel Canó, NEC’s Executive Director, has stated that 2019 is a promising year for renewable energies in the Dominican Republic, “considering the interest over the […]
Sustainable resort in Dominican Republic receives USD119.5 million in financing
December 27, 2018
The International Finance Corporation (IFC), a World Bank Group member, and IDB Invest have announced their commitment to provide USD 119.5 million to Cisneros Real Estate for a new sustainable resort in the Dominican Republic. This investment will strengthen the country’s appeal for investments, and build a brand as an eco-friendly destination. This development is […]
Dominican Republic announced floating gas-battery hybrid platform
December 14, 2018
A floating natural gas power plan equipped with a battery energy storage system will be built in the Dominican Republic. The plant was ordered by Transcontinental Capital Corporation, an independent power producer and subsidiary of Seabord. Engineering firms Siemens and ST Engineering are providing the platform, with the technology provided by Fluence. Three turbines, two […]
First phase of solar PV plant in Dominican Republic completed
December 13, 2018
After a year of construction, the 1.5 MW solar PV plant commissioned for cement producer Domicem was inaugurated in San Cristóbal, Dominican Republic. This is the company’s first solar power project. The first phase of construction included the installation of 4 616 solar panels. The second phase, set to start in the next few days, […]
Green light for second phase of solar project in Dominican Republic
October 11, 2018
The second phase of the Montecristi solar project, in the Guayabín region of Dominican Republic, has been approved by the country’s National Energy Commission. The project is let by German developer F&S Solar, and largely financed by the german fund Hamburger Blue Elephant Energy AG. With this new addition, the solar power plant will go […]