The developer, Natural World Energy Corporation, started exploring the feasibility of the project in June 2016, submitting its planning application in April 2017. Natural World Energy has secured approval from Dominican Republic 's energy regulator CNE for a 100 MW solar project , one of the Caribbean state 's biggest to date . CNE said on launch that although it would cost more than $ 100 m , the project would save $ 30 m in oil imports . The project should help achieve the government 's pledge to reach its 85 % renewable target by 2035 . The Dominican Republic 's installed capacity stood at 166 MW in 2018 , according to the International Renewable Energy Agency . Solar and wind projects totalling over 200 MW have since been announced in the country .
Natural World Energy has secured approval from Dominican Republic 's energy regulator CNE for a 100 MW solar project , one of the Caribbean state 's biggest to date . CNE said on launch that although it would cost more than $ 100 m , the project would save $ 30 m in oil imports . The project should help achieve the government 's pledge to reach its 85 % renewable target by 2035 . The Dominican Republic 's installed capacity stood at 166 MW in 2018 , according to the International Renewable Energy Agency . Solar and wind projects totalling over 200 MW have since been announced in the country .