MPC Capital commissions 43-MW solar farm in Dominican Republic
Sep 02, 2024 10:18 CESTThe Dominican Republic’s Ministry of Mines and Energy has inked three power purchase and sale agreements for 128 MW of solar and biomass projects, the government announced on Wednesday.
The contracts are tied to two solar parks, with a combined capacity of 93 MW, and one biomass-based scheme of 35 MW. Together, the power plants represent an investment of USD 197 million (EUR 179.2m).
More details on the awarded projects are available in the table below.
Owner | Type | Capacity | Investment |
Parque Energy Solar del Este Cabreto l Urbasolar | Solar | 50 MW | USD 37 million |
Parque Solar Martí Tropigas | Solar | 43 MW | USD 40.13 million |
Planta de Congelacion de Biomasa San Pedro BioEnergy | Biomass | 35 MW | USD 120 million |
Energy and mining minister Antonio Almonte noted that turning to renewable energy would help the Dominican Republic address the global fuel crisis, which he said is a significant threat from an economic and eventually social point of view. The country is too reliant on energy imports.
(USD 1.0 = EUR 0.910)
MPC Capital commissions 43-MW solar farm in Dominican Republic
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