The union for the sector stated that in the next months 180 MW of wind energy and 58 MW of solar energy will become part of the country's energy matrix.
Wednesday, August 8, 2018
Representatives from the Dominican Electrical Industry Association (ADIE) announced that in the remainder of 2018 five projects, representing an investment of around $500 million, will start operating.
In relation to investments in renewable energies, Manuel Cabral, executive vice president of the ADIE explained that the trade union he represents promotes "..." the continuity of investment in non-conventional renewable energies, thus making the most of our geographical location, which as an insular country means we have abundant resources to generate clean energy."
Cabral added that "... All these investments have made the Dominican Republic a country with one of the most diversified power generation matrices in the region."
In Central America and the Dominican Republic, the installed capacity of energy generation reaches nearly 20,000 MW, of which 62% correspond to clean sources.
Figures compiled by the Latin American Energy Organization (Olade) indicate that by 2017 the installed capacity of clean or renewable energy generators, including wind, hydro, solar and geothermal, exceeds non-renewable sources.
With the recently awarded contracts and tenders in process, it is estimated that by 2017 the energy matrix will grow by 52%, with hydropower accounting for 41.3%.
Prensalibre.com reports that "...With the contracts awarded, which are for 15 years, the installed power generation capacity will go from 2,519 megawatts (MW) recorded last May to three 3,836 MW. "
Officials are awaiting the arrival of businessmen from England, Spain and Brazil who are interested in investing in projects that generate clean energy in Honduras.
Honduras is expecting the soon arrival of businessmen from England, Spain and Brazil who are interested in investing in clean energy generation, said the coordinator of Expo Energy and the Energy Advisor for Private Enterprise in the country, Hector Turcios.