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Developed by MPC Capital, it joins the existing Monte Plata solar park, bringing the total to 76 MW. German company MPC Capitals has announced the start-up of the 43 MW Monte Plata II solar park in the Dominican Republic, as part of the expansion of the existing 33 MW Monte Plata. This will bring the total capacity of the photovoltaic complex to 76 MW. The statement added that the total investment of approximately 45 million dollars has been made through MPC Capitals MPC Caribbean Clean Energy fund. Monte Plata II, which is expected to generate 67 GWh per year, has a 15-year power purchase agreement (PPA) with a utility company. It so happens that the existing Monte Plata plant currently sells all of its generated power under a 20-year power purchase agreement to the state-owned Dominican Corporation of State-owned Electric Companies . It should also be remembered that MCP Capital acquired this last plant from the Taiwanese company United Renewable in 2021 . |
