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2550
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3343
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2434
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2434
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Dominican Republic
Dominican Republic: An analysis of the solar market performance
With a population of ten million people, the Dominican Republic is the biggest economy in the Caribbean region. Most of its energy supply stems from fossil fuels, but that is going to change soon. A couple of years ago, its administration pledged to produce 25% of its total energy capacity from renewable sources. Currently, the Dominican Republic has made giant steps towards achieving this goal.
As of December 2020, the Island nation had an installed solar capacity of 430 Megawatts. Still, studies show that this figure is rising rapidly and could surpass the 1.5 Gigawatts milestone by 2030. As for the nation’s overall solar market outlook, it is safe to say the future is bright.
The Dominican Republic’s solar market is one of the most lucrative and promising markets in Central America. This is primarily due to its issuance law 57-07 of 2007. The edict created incentives for renewable energy generation in the Dominican Republic.
The Dominican Republic’s solar equipment supply capacity
As the leading economy in Central America, the Dominican Republic is home to several solar equipment manufacturers and distributors. They deal in various categories of solar equipment, including solar panels and inverters. Do you need a supplier for your next project?
Solarfeeds is your best bet when it comes to different categories of solar equipment. Our website hosts several leading solar equipment manufacturers serving the Dominican Republic solar market. Please navigate to our website’s inquiry page on your web browser and send us a request for quotes. We are here to aid you in conserving valuable time.
Dominican Republic’s ports and logistics
The Dominican Republic boasts of 10 major ports. These ports grant you limitless options when selecting a supplier because you can choose to import solar equipment. The country’s transport infrastructure and logistics services are also something to smile about.
Floating Solar Mounting System used for below projects in Dominican Republic
No Projects Found