ACCIONA Energía develops a new solar project in the Dominican Republic

ACCIONA Energía, in partnership with Grupo País, has announced the launch of a major photovoltaic project in the Dominican Republic: the Pedro Corto solar power plant. Located in the province of San Juan de la Maguana, the facility will have a capacity of 63.35MW and is scheduled to begin operations by the end of 2025. The project, in which ACCIONA Energía holds a 51% stake while Grupo País owns the remaining 49%, is linked to a 15-year power purchase agreement (PPA) with Edesur Dominicana, one of the country’s three state-owned distribution companies.

Technological innovation and environmental impact

The Pedro Corto power plant will use solar panels mounted on single-axis trackers, a technology that optimizes sun exposure by adjusting the position of the panelsthroughout the day. This technological innovation will maximize electricity production, reaching 189.07GWh per year, equivalent to the energy consumption of 78,000 Dominican households. What’s more, the project will prevent the emission of over 130,000 tonnes of CO2 per year, equivalent to taking 50,000 cars off the road.

Social commitment and sustainable development

The Pedro Corto project is part of ACCIONA Energía’s social impact management program. This program dedicates part of the annual revenues from its facilities to social, environmental and training initiatives aimed at improving the well-being of local communities.

ACCIONA Energía’s expansion and strategy in the Dominican Republic

ACCIONA Energía began operating its first photovoltaic plant in the Dominican Republic in 2023, with the 58MWp Calabaza I power plant. Currently, the company is also building the 162MW Cotoperí photovoltaic project, in collaboration with Cotosolar Holding, SA, including the JMMB Sustainable Energy Fund (FES), managed by JMMB Funds, Grupo País and other minority investors. The solar complex, comprising three photovoltaic power plants, will be one of the largest in Central America and the Caribbean.

Growth prospects and strategic thinking

ACCIONA Energía’s investment in photovoltaic projects in the Dominican Republic reflects a strategy of targeted growth in regions with high potential for renewable energies. The project also strengthens the country’s ability to diversify its energy mix.