Fecha de publicación: 29 March, 2016
- The investment amounts to US$110 Million Monte Plata Solar will contribute 30 megawatts during its initial stage to reach a consolidated installed capacity of 60 megawatts for the national electrical system
Monte Plata. – With a total investment of US$110 million, Monte Plata Solar, the first solar park of the Dominican Republic, was inaugurated in a ceremony led by the President of the Dominican Republic, Mr. Danilo Medina Sanchez. The park will contribute 30 megawatts in its initial phase until eventually reaching a consolidated installed capacity of 60 megawatts for the national electrical system.
Monte Plata Solar is the largest renewable energy project built in the Dominican Republic and the Caribbean region, generating over 300 direct jobs and 1,000 indirect ones, thanks to an investment from the Taiwanese multinational company General Energy Solutions, leader in photovoltaic project development, in association with the construction companies Soventix and Phanes Group.
It will strengthen DR’s leadership in the Caribbean
Opening remarks were delivered by the Executive Director of the Export and Investment Center of the Dominican Republic (CEI-RD, for its initials in Spanish), Dr. Jean Alain Rodriguez, who highlighted with pleasure the benefits that the start of operations of this solar park will bring in terms of job creation and incorporation of clean energy to the national energy grid, which he considered will strengthen our national leadership in energy production in the Caribbean.
He pointed out that Monte Plata Solar is the largest solar energy initiative of the Dominican Republic and the Caribbean region, and the biggest private investment project carried out by a Taiwanese company in the country, “which, once again, proves the high value given to the Dominican Republic when considered as a foreign investment option, thanks to the laws, incentives, and assistance granted by the government of President Danilo Medina.”
DR encourages clean energy investments
“These are companies that are taking advantage of Law 57-07 to stimulate renewable energy generation and have seen in the country the opportunity to invest and carry out productive businesses”, remarked Rodriguez.
He went on to say that the Dominican Government has been working hard to increase the country’s energy production grid, in order to lower energy costs and offer the population and efficient and sustainable service.
“For some time now, President Danilo Medina has been working hard to transform the country’s energy production, implementing incentive mechanisms to spread the use of renewable energy, ever guiding the Dominican Republic towards new world trends that favor the production of clean, sustainable, green energy, in order to confront global warming and the problems caused by climate change”, he remarked.
Furthermore, he added “with this, we are contributing to eradicate the problems of the national electrical sector and to promote a green culture which maximizes utilization of the country’s natural advantages.”
Investors emphasize DM’s support
For his part, Mr. Quincy Lin, President of General Energy Solutions, thanked President Danilo Medina’s unconditional support, which to him, shows the kind of vision the President has for the future, and his commitment to climate change.
132 thousand panels and 1,000 photovoltaic inverters
He explained that the project is divided into two stages, of which the first of the two already has 132,000 installed solar panels and 1,000 photovoltaic inverters with an output of 30 kilowatts each. “These numbers will double, once the second stage is completed”, he pointed out.
It will produce 50 thousand 740 megawatt hours per year
In this regard, he specified that the project will contribute in its initial stage of 30 nominally installed megawatts, an estimated production of 50,740 megawatt hours per year, which will result in reduction of greenhouse gasses of over 700,000 tons of CO2, during the lifespan of the contract with the CDEEE.
He highlighted the importance of the solar energy plant, which, he pointed out, in addition to contributing to the generation of renewable energy in the country, will create direct and indirect jobs in the surrounding areas.
Attending the ceremony were business leaders, representatives, and participants linked to the public and private energy sectors, government officials, and other related parties, as well as community leaders and prominent members of Monte Plata’s society.
In addition to President Medina, the head table was integrated by the Presidency and Administrative Ministers, Mr. Gustavo Montalvo and Jose Ramon Peralta. Also present were Dr. Jean A. Rodriguez, Executive Director of the CEI-RD; Quincy Lin, President of General Energy Solutions; Bautista Rojas Gomez, Minister of the Environment, and Antonio Isa Conde, Minister of Energy and Mines.
Also attending were Mr. Rubén Jimenez Bichara, Executive Vice-president of the Dominican Corporation of State Electric Companies (CDEEE); Charlie Mariotti, Senator for the province of Monte Plata; Eric Tsai, Vice president of General Energy Solutions; Valentino Tang, Ambassador of the Republic of China Taiwan to the Dominican Republic and Juan Rodriguez Nina, President of the National Energy Commission.