DRGRID 2019
Accelerating investment in the next phase of renewables and grid infrastructure projects in the DR
December 4, 2019
Date
December 4 – January 5, 2019
Time
2:15 PM – 2:45 PM
Location
Santo Domingo, Dominican Republic
After years of inertia, the utility scale clean energy market has taken off and a number of high profile win and solar projects have been financed and constructed. The nationally mandated goal of 25% clean energy by 2020 is within reach.
In 2018, the Ministry of Energy & Mines announced that the next phase of renewable concessions would be awarded as part of a bid process. Market observers expect the bid to be launched in Q3 or 4 of 2019.
Meanwhile, the market for solar and storage among C&I customers is growing and has huge potential.
Natural gas is carving out a significant portion of the grid. Most recently, plans for a 145 MW combined cycle floating power plant have been announced. The project also incorporates a significant energy storage component.
E-Mobility is in the headlines, too. A joint venture between leading firms was recently announced to develop EV charging infrastructure throughout the Dominican Republic.