The projects will have a combined power capacity of 21.2MW and a total energy storage capacity of 41.7MWh. They will be located alongside the Pedro Corto, Calabaza and Cotoperí photovoltaic plants, enabling the use of existing infrastructure, reducing the need for additional land and optimizing investment costs.
The new batteries will improve the stability of the National Interconnected Electric System (SENI).
Thanks to their nearly instantaneous response, they will help correct frequency deviations and
facilitate the integration of more renewable energy. This initiative reflects the evolution of the regulatory framework in the Dominican Republic, which prioritizes battery storage for grid stability and ancillary services, against a backdrop of increasingly competitive battery costs.
For ACCIONA Energía, these new projects also represent an opportunity to enhance the value of
its existing assets in the Dominican Republic, where it already operates three photovoltaic
facilities with a combined capacity of 303.3MWp: Calabaza I (58MWp), Cotoperí Solar
(162.6MWp) and Pedro Corto (82.7MWp).
Both Cotoperí Solar and Pedro Corto were developed in partnership with local companies. In Cotoperí Solar, ACCIONA Energía holds a majority stake of 51%, while the remaining 49% is held by Cotosolar Holding, comprising the JMMB Sustainable Energy Fund (FES), managed by JMMB Funds, Grupo Pais and other minority investors. At Pedro Corto, ACCIONA Energía also holds a 51% stake, with Fondo de Desarrollo de Sociedades de Impacto Social Pioneer II owning the remaining 49%.
ACCIONA Energía is the largest 100% renewable energy company in the world with no fossil legacy. It has 14.7GW of renewable energy and presence in 22 countries. With 30 years of experience, ACCIONA Energía offers a complete portfolio of tailor-made energy solutions for its corporate and institutional clients to meet their decarbonization goals. ACCIONA Energía is committed to the highest environmental, social and corporate governance (ESG) standards. ACCIONA S.A., a leading global company in the provision of regenerative solutions for a decarbonized economy, is the majority shareholder of ACCIONA Energía.
