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Monte Plata Solar Power Plant

Sector: Solar • Location: Dominican Republic

Source: World Bank Group

Project
Active

In August 2013, the Dominican company JRC Electronic SRL and the German company EPC Wirsol announced the development of the Monte Plata Solar photovoltaic power plant, located in Monte Plata (30 MW in capacity). In October 2011, the sponsors had been awarded a 20-year power purchase agreement (PPA) with the state-owned company Corporacion Dominicana de Empresas Eléctricas Estatales (CDEEE). By 20

Status
Prospective
Sector
Solar, Commercial, Power Generation (CCGT), Government, Manufacturing (Industrial)
Location
Dominican Republic
Updated
22 Jul 2026
Source
World Bank Group

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The project “Monte Plata Solar Power Plant” is an infrastructure initiative in the Solar sector, located in Dominican Republic. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In August 2013, the Dominican company JRC Electronic SRL and the German company EPC Wirsol announced the development of the Monte Plata Solar photovoltaic power plant, located in Monte Plata (30 MW in capacity). In October 2011, the sponsors had been awarded a 20-year power purchase agreement (PPA) with the state-owned company Corporacion Dominicana de Empresas Eléctricas Estatales (CDEEE). By 2014, Wirsol declared insolvency, and the German company Soventix took over Wirsol's stake in the project. The investment was estimated at US$ 50 million and was financed by a Taiwan-German investment operation. There was no additional disclosed information on the financing of the project. The construction works started in 2012, commercial operations begun in September 2015.

Original sector

Energy

Budget

Location

Country

Dominican Republic

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Commercial, Power Generation (CCGT), Government, Manufacturing (Industrial)

Article published date

2024-09-19

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