Dominican Republic
Press Release

EGE Haina and Falcondo sign contract to buy and sell renewable energy

Bnamericas Published: Friday, March 06, 2020
EGE Haina and Falcondo sign contract to buy and sell renewable energy

This EGE Haina release was published using machine translation.

Santo Domingo.- Empresa Generadora de Electricidad Haina, SA (EGE Haina) and Falconbridge Dominicana ( Falcondo ) signed an agreement to buy and sell photovoltaic energy to be used in the mining operations of the company.

The long-term contract signed between both companies establishes that EGE Haina will supply Falcondo, as an unregulated user of the National Interconnected Electrical System (SENI), part of the energy that this company requires for its production.

The energy will come from the production of the Girasol Solar Park, which EGE Haina will build during the next months in the Yaguate municipality, San Cristóbal province, and which will have a capacity of 120 MW.

The agreement was headed by Luis Mejía Brache, General Manager of EGE Haina, and Ioannis Moutafis, President of Falcondo.

Mejía Brache expressed his satisfaction of "contributing to Falcondo's operations through the production of the Girasol Solar Park, which will be the largest photovoltaic power plant in the country," he said.

With this agreement Falcondo will replace part of the thermal energy it uses in its facilities with renewable energy, and will thus become the first mining company in the Dominican Republic to use renewable energy in its operations.

Ioannis Moutafis, president of Falcondo said that “this agreement shows that mining can operate in an environmentally friendly way. We thank EGE Haina for the execution of this project, which is a milestone, not only for Falcondo, but for the entire nation. ”

About the Girasol Solar Park

The Girasol Solar Park, which will be operational in January 2021, will be built on a 220-hectare site, where solar irradiation is higher than the average in the Dominican Republic.

The project will include the installation of some 300,000 photovoltaic modules, a 150 MVA power substation and a 10 km long transmission line that will operate at 138 kV.

The Solar Park Girasol will be the first project of its kind in the country to implement the technology of solar trackers or trackers, which will increase the capacity of the project as there will be a greater use of solar irradiation.

It is estimated that Girasol will generate 240,000 MWh each year and prevent the emission into the atmosphere of 150,000 tons of CO2, as well as the import of 400,000 barrels of oil.

The construction of the work will require the hiring of more than 300 people, mostly local labor located in the immediate vicinity of the project.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Mining & Metals

Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: Esperanza
  • Current stage: Blurred
  • Updated: 3 weeks ago
  • Project: Mocoa
  • Current stage: Blurred
  • Updated: 3 weeks ago
  • Project: Lacsha
  • Current stage: Blurred
  • Updated: 3 weeks ago
  • Project: Alacrán
  • Current stage: Blurred
  • Updated: 4 weeks ago
  • Project: Alacrán
  • Current stage: Blurred
  • Updated: 4 weeks ago
  • Project: Cotabambas
  • Current stage: Blurred
  • Updated: 4 weeks ago

Other companies in: Mining & Metals (Dominican Republic)

Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Santo Mining Corp.  (Santo Mining)
  • *This is an archived company in the BNamericas database. If you need an update on this company and its operations, please Ask Us.* Santo Mining is a gold exploration company whi...