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Santanasol Solar Project

Sector: Solar • Location: Dominican Republic

Source: World Bank Group

Project
Active

The project entails the construction of a 50MW solar PV plant. It will be developed in the province of Peravia, in the south of the country. AES Dominicana is working on the project. Total project cost is 45 USDm. AES Dominicana and Scotiabank signed a financing agreement for 36 million dollars over 5 years, for the construction of the Santanasol solar project, structured according to the Green Le

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

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Project Information

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The project “Santanasol Solar Project” 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

The project entails the construction of a 50MW solar PV plant. It will be developed in the province of Peravia, in the south of the country. AES Dominicana is working on the project. Total project cost is 45 USDm. AES Dominicana and Scotiabank signed a financing agreement for 36 million dollars over 5 years, for the construction of the Santanasol solar project, structured according to the Green Lending Principles. Financial Closure was achieved in June 2021. The plant will reduce CO 2 emissions with an estimated 90,000 metric tons per year and capacity to serve more than 30,000 homes. https://www.diariodigital.com.do/2021/06/28/acuerdan-destinar-us36-millones-para-proyecto-de-energia-solar.html https://elpaisdominicano.do/2021/06/28/aes-dominicana-y-scotiabank-firman-acuerdo-de-prestamo-verde-s-para-proyecto-de-energia-solar/

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, Residential

Article published date

2024-09-26

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