Dominican Republic to experience significant growth in solar energy

The Dominican Republic’s power generation park will experience “remarkable growth” in solar plants, according to grid coordinator OC.

In its preliminary long-term operation report for 2022-2025, OC highlights that the renewable energy source could represent 34-53% of new installed capacity.

In September, photovoltaic power plants accounted for 6.57% of the country’s installed capacity.

For recent developments in this regard, please click on the following links:

CNE and Tropigas Dominicana sign contract

CNE and Energy Solar del Este sign definitive concession

Solar project developers obtain concessions in Dominican Republic

Dominican Republic’s Vice-President and Energy Minister inaugurate photovoltaic park

Inkia expands Dominican Republic portfolio with a new solar concession

BNamericas’ Project Profiles feature 40 solar projects in early stage or under construction in the Caribbean nation.

Over the four-year period, natural gas would account for 36-57% of new installed capacity; wind power, 5-6%; and biomass, municipal solid waste and LPG, the remainder.

In terms of generation, natural gas is expected to account for 33-48.6%; coal, 26-35%; hydropower, 4.8-15.5%; wind, 5.0-6.4%; solar, 2.7-12.7%; oil, 3.3-5.3%; and biomass and LPG, the remainder.

Meanwhile, demand in 2022 would increase by 4.2% and by 3.3% annually between 2023 and 2025, adds the report, available here.

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