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 Twitter that although it would cost more than $110m, the installation would save $30m in oil imports. The project is expected to be completed by mid-2018, and will generate enough electricity to power about 50,000 homes. The Dominican Republic's installed capacity stood at 166 MW in 2018, according to the International Renewable Energy Agency. The scheme is set to generate 70 permanent jobs, plus a further 400 during construction. Solar and wind projects totalling over 500 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 Twitter that although it would cost more than $110m, the installation would save $30m in oil imports. The project is expected to be completed by mid-2018, and will generate enough electricity to power about 50,000 homes. 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 500 MW have since been announced in the country.