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PV Sunmind

Sector: Solar • Location: Dominican Republic

Source: International Finance Corporation (IFC)

Project
Active

This IFC Upstream pre-investment project proposes an IFC contribution of up to USD 800,000 in cost-sharing funding support for SunMind S.A.S., a wholly owned subsidiary of VINCI Concessions, to carry out critical feasibility, environmental and social (E&S), supply chain, and technical assessments for a portfolio of solar photovoltaic (PV) and Battery Energy Storage System (BESS) projects across fi

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The project “PV Sunmind” is an infrastructure initiative in the Solar sector, located in Dominican Republic. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

This IFC Upstream pre-investment project proposes an IFC contribution of up to USD 800,000 in cost-sharing funding support for SunMind S.A.S., a wholly owned subsidiary of VINCI Concessions, to carry out critical feasibility, environmental and social (E&S), supply chain, and technical assessments for a portfolio of solar photovoltaic (PV) and Battery Energy Storage System (BESS) projects across five airports in the Dominican Republic. The project envisions the installation of 197 MWp of PV capacity and 292 MWh of BESS, contributing to the country’s renewable energy targets and strengthening grid resilience. The electricity generated will be injected into the national grid. Through this support, IFC will help SunMind de-risk the development of one of the country’s first PV+BESS portfolios by enabling the design of bankable business models and reinforcing the company’s supply chain and E&S practices in alignment with international standards.

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High

Data quality score

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