The Government will contribute US$350 million and the cooperatives US$380 million to finance the installation of 600 MW of clean energy
The so-called RD 100% Renewable Coalition, made up of cooperatives, companies and entities linked to the environment, announced yesterday a plan for the installation of solar panels in 180,000 homes and small businesses throughout the national territory, with which it is intended to generate 600 megawatts of electricity in three years.
The plan, which was drawn up in coordination with the Ministry of Energy and Mines, It provides for the installation of 600 megawatts of solar energy, which will produce 900 million kilowatt hours of clean electricity annually.
The financing of the plan would be mixed: US$350 million would be contributed by the Government, coming from the electricity subsidy, and US$380 million would come from the cooperatives, for a total of 730 million dollars.
Among the cooperatives that are part of RD 100% Renovable are Maimón, Vega Real and Nacional de Servicios Múltiples de los Maestros (COOPNAMA), as well as the companies Rensa, Trix Energy and Más Consulting SRL.
The plan seeks to reduce electrical losses in both transmission and distribution.
The National Institute for Professional Technical Training (Infotep) will be in charge of training personnel for the installation of solar panels.
The RD 100% Renovable coalition thanked the Ministry of Energy and Mines for having agreed to work on the development of the plan that will contribute to the energy transition in the country.
He proposed to the Ministry of Energy and Mines the establishment of 1,100 megawatts of renewable potential in wind and solar plants.
At a press conference held at the headquarters of the Teachers’ Cooperative, Octavio Bremón, its president, highlighted the importance of the plan for the massive installation of solar panels on roofs.
