The energy deficit and dependence on fossil fuels drove the Dominican Republic to step up its commitment to clean energy. DOMINION took on the task of building the photovoltaic plant in this Caribbean country, with an offer that included everything from the design and construction of the plant to it Contact online >>
The energy deficit and dependence on fossil fuels drove the Dominican Republic to step up its commitment to clean energy. DOMINION took on the task of building the photovoltaic plant in this Caribbean country, with an offer that included everything from the design and construction of the plant to its operation and subsequent maintenance.
From the begining in the last months of 2020, we have been in charge of the development and start-up of the park with a contracted power of 50MW that will inject more than 130 million Kwh into the country''s power network and will avoid the emission of more than 60,000 tons of CO2 per year. For the construction, which has had an investment of 93M USD, a total of 147,870 solar panels were used.
The project helps Dominican Republic to reach its goal until 2025, the year in which they expect 25% of the electricity consumed by the country to come from renewable energies, and has generated more than 500 direct jobs in the region.
This park comes after one of our major projects in the country: the construction of Mata de Palma in 2019, the largest park on the island to that date with a capacity of 65 MW and 200,694 solar panels distributed over an area of 75 hectares.
We provide services and end-to-end projects. We accompany our clients in their transition towards more efficient and environmentally sustainable business models thanks to our knowledge of the business processes and the application of technology with a different approach.
MIAMI, USA – MAY 2, 2024 – Award-winning impact asset manager Deetken Impact Sustainable Energy (DISE), is thrilled to be the recipient of a CREF Awards for Excellence, as announced by New Energy Events, hosts of the Caribbean Renewable Energy Forum (CREF).
Awarded the Best Utility Scale Project, Cotoperi Solar is the largest solar photovoltaic project in The Caribbean, located in La Romana, Dominican Republic. Construction on the 162.6 MWp project began in December 2023, and when complete it is set to generate 275,000 MWh annually, which will avoid up to 4 million tonnes of CO2 over its lifetime, in addition to creating new quality jobs. The project has long term Power Purchase Agreements in place for the sale of 100% of the energy to be generated once the project is formally commissioned in 2025.
The 6th Annual CREF Industry Awards – which recognize excellence in projects, programs and people driving forward the clean energy transition in the Caribbean – were honored on stage last week at the 16th annual CREF in Miami.
The Awards were established to recognize leaders in the Caribbean energy sector who are making a lasting impact on the development of resilient and renewable energy systems in the region. Many award winners are first-movers, carving a path for project development in the region. Others have been in the region for years, and understand the nuances and needs of island nations pursuing a clean energy future.
Grupo Pais is a diversified conglomerate that invests in the retail, commercial, real estate and energy sectors mainly in Dominican Republic. It makes direct investments and manages Publicly Regulated Funds that invest Dominican institutional savings into long term cash flow generating assets. Grupo Pais investment strategy is focused on co-investing with top tier market leading companies in the energy sector that are aligned in their vision.
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