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Monte Plata Solar

Sector: Power Generation (CCGT) • Location: Dominican Republic

Source: World Bank Group

Project
Active

The project entails the construction, financing and operation of photovoltaic solar system in Monte Plata Province. The capacity of the facility is 34 MW. The sponsor is General Energy Solutions Inc. (“GES”) - a subsidiary of Neo Solar Power Corporation. The solar modules for Month Plate project are sourced from NSP and 132,000 pieces modules have been installed into project phase I with an output

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

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Project Information

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The project “Monte Plata Solar” is an infrastructure initiative in the Power Generation (CCGT) 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

The project entails the construction, financing and operation of photovoltaic solar system in Monte Plata Province. The capacity of the facility is 34 MW. The sponsor is General Energy Solutions Inc. (“GES”) - a subsidiary of Neo Solar Power Corporation. The solar modules for Month Plate project are sourced from NSP and 132,000 pieces modules have been installed into project phase I with an output of approximately 50,470 MWh per year. The total project cost is $56.05 million. Financing of $38 million is being provided by Netherlands Development Finance Company (“FMO”) and German Investment and Development Corporation (“DEG”) for the SPV named Electronic J.R.C. S.R.L. The facility owner General Energy Solutions (GES) is providing $18.05 million equity financing. Financial close took place on April 10, 2018. https://www.nsp.com/2018%E6%96%B0%E8%81%9E%E7%99%BC%E4%BD%88/nr_ges-fmo_jrs-loan_04-25-18?lang=en

Original sector

Energy

Budget

Location

Country

Dominican Republic

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Solar, Commercial, Government

Article published date

2024-06-01

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