Santo Domingo.- Emerald Solar Energy, a joint company established by Canada’s Potentia Renewables and the Dominican Republic’s Cisneros, has commenced work on a 25MW PV project in Barahona, in southwestern Dominican Republic.
“The renewable-energy project, which will feature an initial investment of about US$40 million, is expected to be completed within a year. Once operational, the installation will generate enough energy on a yearly basis to supply 10,000 households with electricity, the outlet reports.
The project is part of the Support Plan for Renewable Energy Projects — promoted by the Dominican government and the Dominican State-owned Electric Utility, CDEEE.
It reports that president Danilo Medina attended the groundbreaking ceremony along with energy sector officials.
The industrial sector website quotes Fernando Joffre, director of business development of Potentia Renewables, as saying that “The signs of economic and social stability, as well as the level of legal security, invited us to arrive and want to grow together with Dominican society in the long term.”