Total Eren starts construction of 100 MW solar PV project in Dominican Republic
Total Eren has launched the construction of the 100 MW (AC) Villarpando solar photovoltaic (PV) project in Azua province, Dominican Republic. The company owns 51% ownership of the solar farm whereas Visolar Holding SA andits partner own the other 49%.
Total Eren will be responsible for the development, financing, building and operation of the solar project. The project has the capacity to generate about 200 GWh per year, enough to supply about 135,000 people in the Dominican Republic while saving 125,000 tonnes of CO2 emissions per year.
The solar farm will require an estimated US$120 million investment. Edesur Dominicana SA has signed a 15-year Power Purchase Agreement (PPA) for the supply of power generated by the solar facility.
Country news
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June 16, 2021
EGE Haina starts operation of 120 MW solar plant in Dominican Republic
Empresa Generadora de Electricidad Haina (EGE Haina) has inaugurated its 120 MW Sunflower solar photovoltaic park located in the Yaguate municipality, San Cristóbal province, making it the largest solar project in the operation of the Dominican Republic.Read more -
July 16, 2018
Dominican Republic to replace PPAs with concessions for renewable projects
The Dominican Republic's Minister of Energy and Mines has announced that it is changing the way that renewable projects are developed in the country. Instead of awarding PPAs to projects proposed by developers, the Ministry will tender concession contracts for projects that it has designed.
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April 26, 2018
FMO and DEG finance solar project in the Dominican Republic
Neo Solar Power Corporation (NSP) has announced that its subsidiary, General Energy Solutions Inc. (GES), has secured a 16-year US$38 million long-term financing from the Netherlands' Development Finance Company (FMO) and the German Investment and Development Corporation (DEG) for a solar project in the Dominican Republic.
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January 19, 2018
Development financiers unite to support wind farm in Dominican Republic
IFC, a member of the World Bank Group, with support from the Government of Canada, has completed an US$80 million financing package for the construction and operation of a new, grid-connected, 50 MW wind farm in the Dominican Republic.
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September 05, 2014
AES Corporation sells stake in Dominican Republic assets
AES Corporation, through one of its subsidiaries, has entered into a strategic partnership with the Estrella-Linda Group, an investor group based in the Dominican Republic. Read more
