Dominican Republic smart energy sa

What is Energas & AES Dominicana's vision for a sustainable future?

Energas and AES Dominicana shared a vision for a sustainable future in the Dominican Republic by diversifying the country’s energy matrix with greener energy solutions while ensuring a strong, resilient grid.

Does Energas use natural gas in Dominicana?

Through AES Dominicana, we introduced natural gas into the country over 20 years ago, saving our customers over half a billion dollars and avoiding four million tons of CO2 emissions every year. However, the Eastern region of the country where Energas’ facility is located lacked existing natural gas networks or pipelines to transport natural gas.

What's going on with AES Dominicana?

The transaction is the largest financing for renewable energy projects for a Caribbean economy, IDB Invest said. AES Dominicana, a unit of US energy group AES Corp ( NYSE:AES ), will use part of the proceeds to design, build and operate three new solar projects with a combined capacity of 240 MWac -- Mirasol, Peravia I and Peravia II.

What will AES Dominicana do with a 240 MWAC solar project?

AES Dominicana, a unit of US energy group AES Corp ( NYSE:AES ), will use part of the proceeds to design, build and operate three new solar projects with a combined capacity of 240 MWac -- Mirasol, Peravia I and Peravia II. Additionally, the company will refinance the short-term debt of one wind and two solar farms totalling 150 MWac.

Does the Dominican Republic need a natural gas infrastructure solution?

However, the Eastern region of the country where Energas’ facility is located lacked existing natural gas networks or pipelines to transport natural gas. The Dominican Republic needed a holistic infrastructure solution to strategically shift from conventional generation to natural gas.

Where is Energas located in the Dominican Republic?

Energas is a major electricity generator in the Dominican Republic through the 300 MW San Pedro de Macorís Electricity Company (CESPM) power plant, located in the Eastern region of the country.