Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTDominican Republic okays 100 MW of renewable energy projects
Solar panels. Author: Frédéric BISSON. License: Creative Commons, Attribution 2.0 Generic.
June 16 (Renewables Now) - The Dominican Republic's National Energy Commission (CNE) has awarded concessions for around 100 MW of solar and biomass projects along with a new transmission line, the government announced on Monday.
CNE approved the construction of the Bayahonda Solar Park (Bayasol), in Peravia province. Local company Parque Eolico Beata SRL will invest roughly USD 60 million (EUR 52.9m) in this project. According to CNE, Bayasol has a nominal capacity of 50 MW.
The second construction concession is for a 50-MW waste-to-energy plant in San Pedro de Macoris province. Streamline Integrated Energy Corp (SIE) is the company behind the development.
At the same time, CNE signed with WCG Energy a contract authorising the construction of a 69-kV transmission line that will facilitate the energy injection from a solar park located in Mata de Palma region.
(USD 1 = EUR 0.882)
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