EGE Haina obtains concession for 90-MWp solar project in Dominican Republic

• Dominican power producer Empresa Generadora de Electricidad Haina SA (EGE Haina) has actually signed the clear-cut giving in agreement with the local nationwide power commission CNE for the 90-MWp Esperanza solar project.

EGE Haina stated on Monday the construction of the photovoltaic (PV) farm will require a financial investment of around USD 94 million (EUR 89m).

Situated in a 180-hectare (444.8 acres) area in the nation's Valverde province, Esperanza will certainly include 166,670 bifacial photovoltaic panels. EGE Haina estimates the PV plant must can producing 200,000 MWh per year, sufficient to meet the power need of some 83,000 neighborhood homes.

The giving in is given for a period of 25 years, according to CNE's archive.

Edward Veras, CNE's executive supervisor, kept in mind that Esperanza will certainly assist the nation to achieve its goal of covering 25% of the national demand with renewable energy by 2025 as well as 30% by 2030.