Dominican Republic bets on renewable energies with the largest solar photovoltaic complex in the Caribbean

With the culmination of **Cotoperí Solar**, the second solar venture of **Acciona Energía** in the **Dominican Republic**, the company reaffirms its commitment to the [energy transition](https://noticiasambientales.com/energia/biometano-e-hidrogeno-verde-los-nuevos-vectores-para-una-transicion-energetica-con-impacto-local/) in the **Caribbean**. This new solar complex, with **162.6 MWp**, joins the **Calabaza I park (58 MWp)**, operational since 2023, and precedes the **Pedro Corto plant (82.69 MWp)** currently under construction, together with **Grupo País**.

The ownership of the park is distributed between the local firm **Cotosolar Holding (49%)** and Acciona Energía (51%). It is worth noting that **Cotosolar Holding**, whose main shareholder is the **JMMB FES** fund, manages capital from **Dominican pension funds**, channeled towards initiatives of **clean energy and energy efficiency**.

According to Acciona’s figures, **Cotoperí Solar** will generate **286 GWh annually**, equivalent to supplying **166,000 homes**, and will help **avoid more than 210,000 tons of CO₂ emissions**, comparable to **planting 5.5 million trees**. Additionally, during its construction, **more than 600 people were employed**, in direct and indirect positions.

In May of this year, **Acciona Energía** and its social arm acciona.org signed agreements with the **Ministry of Energy and Mines** to promote **universal access to safe, modern, and affordable energy in vulnerable communities** in the country.

## Collaboration between local and international actors to boost the largest photovoltaic solar complex

At a corporate level, Acciona Energía presents itself as the **largest 100% renewable energy company free from fossil legacy worldwide**, with an installed capacity exceeding **15,400 MW** and operations in **24 nations**. Its three-decade experience supports a diversified range of **personalized energy solutions** for institutional and corporate clients.

On the other hand, **JMMB FES**, a fund managed by **JMMB Funds**, actively participates in developments totaling over **524 MWp**, reaffirming its central role in **financing renewable infrastructure** in the Dominican Republic.

From the investor side, **GP Capital Partners**, a firm of the Grupo País specialized in **asset management**, is involved in the **energy, real estate, and infrastructure** sectors, positioning itself as a **strategic partner in the financial structuring of these projects**.

The Cotoperí Solar initiative was the subject of an **institutional visit eight months ago**, led by **Minister Joel Santos** and authorities such as the **Director of the National Energy Commission, Edward Veras**, and the **head of the Electric Transmission Company, Martín Robles**.

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