DR-GRID Market News - New Energy Events

IDB supports COVID-19 resilience in Caribbean countries
December 1, 2020
The Inter-American Development Bank (IDB) approved a US$50 million loan to support member countries of the Organisation of Eastern Caribbean States (OECS) and their response to the health, social and economic consequences caused by the COVID-19 crisis. Source
Driving the climatic changes from the top in the Dominican Republic
November 13, 2020
Since his August inauguration, President Luis Abinader’s government has moved towards revising and making good the commitments of the Paris Agreement where it agreed to implement Nationally Determined Contributions (NDCs). Source
Dominican Republic installed solar capacity to double this year
February 6, 2020
This year, five solar parks for a combined 206MW are penciled in to begin operations in the Dominican Republic, joining the 163 MW of solar already online. The CNE (national energy commission) just granted provisional concessions for an additional 123 MW of solar energy projects. The developers have 18 months to conduct necessary studies and […]
Renewable energy makes economic sense for DR, says AES Dominica CEO
November 1, 2019
Natural gas development in the Dominican Republic gets a second take from AES Dominicana president Edwin De los Santos. While recent initiatives supported by international stakeholders would see natural gas development in the northwest region of the DR, De los Santos believes “it is not very strategic”. The United States and the Energy and Mines […]
Dominican Republic’s new wind farm is now operational
September 19, 2019
The office of the Dominican Republic’s President announced that the 34MW Matafongo wind farm is now operational and producing energy. The wind park has 17 turbines, and was developed by the Grupo Eolico Dominicano with support from the Spanish company Genera Avante. The Banco Popular Dominicano and Banco del Progreso provided the financing for the […]
Island on the Rise: Why the Dominican Republic Energy Market is Booming

From our Editorial Team
July 30, 2019
The Dominican Republic is one of the Caribbean’s hottest clean energy markets. After years of slow growth, the utility-scale market is in an upswing, with successful financing and construction for a number of high profile wind and solar projects. The C&I market is taking off, too. The nationally mandated goal of 25% clean energy by […]
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 […]