Solar popping up in the Caribbean

Dominican Republic

German company signs PPA for 30 MW in Dominican Republic

25.10.2011: According to the Dominican Corporation of State-owned Electrical Companies (CDEEE), the German company JRC Electronic will invest $US120 million to build a 30 MW photovoltaic installation in the Dominican Republic. The CDEEE announced that it has signed a 20-year power purchase agreement with JRC Electronic to buy 100 percent of the energy produced by 30 MW installation for 19.96 US$ cents per kWh. The installation, which will be located in the municipality of Monte Plata, is scheduled to come on line in 2012. ... Source: CDEEE; translation and summary: PHOTON http://www.cdeee.gob.do http://www.cdeee.gob.do/index.php?option=com_content&view=article&id=8 68:la-cdeee-alcanza-un-acuerdo-con-jrc-electronic-para-instalar-la-pri mera-generadora-fotovoltaica-&catid=6:noticias&Itemid=2

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com