Dominican Republic grants concession to Ecoener for 50-MW solar project

• The Dominican Republic's national energy commission CNE has actually approved a definitive concession for the 50-MW/60-MWp Cumayasa I solar project to be mounted in the province of La Romana.

CNE claimed on Monday it signed the concession contract with project firm EFD Ecoener Fotovoltaica Dominicana SRL, a local unit of Spanish renewables business Grupo Ecoener SAU (BME: ENER). According to CNE's archive, the concession is approved for a period of 25 years.

Cumayasa I is being integrated in the town of Villa Hermosa. CNE's executive director Edward Veras described a report card showing that the procedure is currently at 60%.

The Dominican Republic intends to cover 25% of the national need with renewable energy by 2025 and 30% by 2030.