Acciona Energía has expanded its presence in the Dominican Republic by acquiring a 50% stake in a 50 MW wind farm project from Grupo Eólico Dominicano (GEDOM).
Expanding the Acciona Dominican Republic Energy Portfolio
Madrid-based Acciona Energía, a leading global renewable energy company, has deepened its commitment to the Dominican Republic by acquiring a 50% stake in a 50 MW wind farm project from Grupo Eólico Dominicano (GEDOM). This strategic move, which has received approval from the Dominican Republic’s power regulator (SIE), will be managed through the newly established joint venture, Cumbre Energía.
The project, named El Guanillo, is located between the provinces of Monte Cristi and Puerto Plata and represents Acciona Energía’s third wind farm in the nation. With this investment, the company’s operational and under-construction wind capacity in the country will climb to 165 MW, marking a significant step in enhancing its renewable energy footprint in the Caribbean.
The El Guanillo Wind Farm will feature ten powerful 5 MW wind turbines. Construction is scheduled to begin shortly, with the project expected to become operational in the first half of 2026. Once online, the wind farm will generate approximately 150 GWh of clean energy annually—enough to power around 100,000 homes and contribute meaningfully to the national grid.
Partnership with GEDOM
This venture marks Acciona Energía’s first collaboration with GEDOM, a respected Dominican company with extensive experience in the local energy sector. GEDOM will oversee the construction of the wind farm, leveraging its local expertise to ensure the project is completed efficiently and on schedule.
José Ignacio Escobar, Acciona Energía’s CEO for South America, expressed enthusiasm for the collaboration. “With this agreement, we reinforce our commitment to the energy transition in the Dominican Republic, where we have been operating for more than a decade,” he stated. Escobar emphasized the importance of the partnership with GEDOM, noting that it aligns perfectly with Acciona Energía’s strategic goal of helping the country achieve its renewable energy targets.
The addition of El Guanillo to Acciona Energía’s portfolio underscores a shared commitment to sustainable development. As the Dominican Republic continues to prioritize renewables, this project will play a crucial role in reducing the country’s reliance on fossil fuels and lowering its carbon emissions.
Acciona Energía in the Dominican Republic
Acciona Energía has been a key player in the Dominican Republic’s renewable energy sector since 2011. The company already operates two successful wind farms in the country: the 49.5 MW Punta Lima and the 66 MW Larimar II. The El Guanillo project will further solidify its position as a leading renewable energy provider in the Caribbean.
This expansion is consistent with Acciona Energía’s broader global strategy of asset rotation and investment in high-growth markets. The company has recently divested assets in other regions, such as South Africa, to redeploy capital into promising opportunities in Latin America. This approach highlights the attractiveness of the Dominican Republic’s energy market. While this project focuses on wind, the company’s global portfolio includes diverse technologies. In countries like Germany, for instance, homeowners are increasingly exploring solar energy, making an understanding of the basics of solar panel manufacturing a relevant topic for consumers aiming for energy independence.
Commitment to Sustainability
Acciona Energía is deeply committed to promoting sustainable development and combating climate change. The El Guanillo Wind Farm is projected to displace approximately 120,000 tonnes of carbon dioxide emissions annually, making a significant contribution to reducing the Dominican Republic’s environmental footprint. The technologies driving this change are complex; just as wind turbines harness kinetic energy, solar panels rely on an intricate solar panel manufacturing process to function.
Beyond the environmental benefits, the El Guanillo project will deliver substantial economic advantages. The construction and operation phases will create local jobs and stimulate economic activity in the Monte Cristi and Puerto Plata regions. The solar panel raw materials and components for wind turbines are part of a global supply chain that supports local economies. Furthermore, the increased availability of clean energy will help stabilize electricity prices and reduce the nation’s dependence on volatile imported fossil fuels.
By 2026, the El Guanillo Wind Farm will be a key asset in the country’s clean energy matrix. This project is a testament to Acciona Energía’s dedication to sustainable development and its role in shaping the future of renewable energy. For those interested in the technical side of creating these clean energy solutions, learning about the specialized solar panel manufacturing machines and the overall solar panel manufacturing plant cost breakdown can provide fascinating insights into the industry.
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