![Dominican Republic Dominican Republic](https://cdn-www.bnamericas.com/img/flags/DOMINICAN_REPUBLIC.jpg)
Dominican Rep’s largest private power producer in line for solar concession
![Dominican Rep’s largest private power producer in line for solar concession](https://cdnimg.bnamericas.com/CAiIwCQuZuIeEVbbMcGHWcTKtZiBTcXdToRSQFeaLKnBGIonUOIxEiIreMHpSiTr.jpg)
The Dominican Republic’s national energy commission (CNE) has recommended to the executive branch that a definitive solar concession be granted to EGE Haina.
The company is the country’s largest private power generator, and the proposed concession is for the 68.4MWn (80MWp) Sajoma project in La Cuesta, Santiago province.
“The electrical analyses showed that the new injection of electricity in the indicated point does not cause the networks under its influence to exceed the thermal capacity of the associated elements,” the CNE said in its recommendation.
The government agency also highlighted EGE Haina’s own funds for such projects in addition to financial products with local banks (BHD, Banco Popular Dominicano and Banco de Reservas Dominicano) with which it has open lines of credit for a combined 4.12bn pesos (US$75mn).
Power regulator SIE previously gave its no-objection to the recommendation for the concession which was requested last May.
The concession will be for 25 years once the contract is signed and falls under renewable energy incentives law 57-07 which includes tax breaks, among other benefits.
In January, EGE Haina was the country’s second largest electricity producer, accounting for 14% of output, after state power holding group CDEEE with 26%, information from grid coordinator OC shows.
The CNE and EGE Haina recently inked the definitive contract for the 76MWn (90MWp) Esperanza solar project.
The company's development pipeline includes solar projects Girasol (phase 2) and Tornasol, and wind projects Sajoma I and II.
EGE Haina installed capacity
[insight#260217536]
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Electric Power (Dominican Republic)
![LatAm to represent over half of Ecoener’s operating assets](https://cdn-www.bnamericas.com/img/sectors/electricpower_1.jpg)
LatAm to represent over half of Ecoener’s operating assets
The region accounts for 42% of the Spanish company's operating assets.
![Ecoener will reach 1,000 MW in assets in 2025](https://cdn-www.bnamericas.com/img/sectors/electricpower_2.jpg)
Ecoener will reach 1,000 MW in assets in 2025
The portfolio of assets in operation and construction is now 558 MW, more than double that of 2020.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Electric Power (Dominican Republic)
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Perávia Solar I project
- Current stage:
- Updated:
3 weeks ago
- Project: Mirasol Solar Park
- Current stage:
- Updated:
3 weeks ago
- Project: Los Cacaos wind farm
- Current stage:
- Updated:
4 weeks ago
- Project: Los Granadillos wind farm
- Current stage:
- Updated:
4 weeks ago
- Project: 345/138kV Azua II substation and expansion of the 345kV Punta Catalina substation
- Current stage:
- Updated:
1 month ago
- Project: Electro Solar Generation Park (ex Levitals Solar Park)
- Current stage:
- Updated:
1 month ago
- Project: Complementary Works of the Montegrande Multipurpose Dam
- Current stage:
- Updated:
1 month ago
- Project: Washington Capital Solar Park 3 photovoltaic park
- Current stage:
- Updated:
2 months ago
- Project: San Pedro de Macorís Combined Cycle Power Plant (ENARGAS IV)
- Current stage:
- Updated:
2 months ago
- Project: Cotoperí III photovoltaic park
- Current stage:
- Updated:
2 months ago
Other companies in: Electric Power (Dominican Republic)
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Haina Investment Co., Ltd.  (Haina Investment Company - HIC)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Empresa Generadora de Electricidad Itabo, S.A.  (Itabo)
-
Electricity Generating Company Itabo, S.A. is a Dominican subsidiary controlled 50% by the US company AES Corporation. It owns and operates the Itabo I (128MW), Itabo II (132MW)...
- Company: Jonathan J. Ortiz Frias
- Company: Emerald Solar Energy, S.R.L.  (Emerald Solar Energy)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Solsur Company, S.R.L.
- Company: Santa Clara Energy Group, S.R.L.