Renewable energy is booming in the Dominican Republic, with solar photovoltaic systems and energy storage playing leading roles. In 2024, the country reached 20% renewable energy generation, edging closer to its goal of meeting 25% of electricity demand with renewables by 2025 and 30% by 2030. Recent regulations now require large-scale solar PV power plants to include battery energy storage systems (BESS) capable of storing at least half of their generated energy for four hours. 

As an island nation without significant domestic fossil fuel resources, the Dominican Republic relies heavily on imported fuels for electricity generation. In this context, combining solar power with battery storage offers a powerful solution: clean electricity generation paired with the flexibility to balance supply and demand. Despite this promising outlook, challenges remain, including the high cost of integrating battery storage (estimated to increase project CAPEX by 30%) and regulatory uncertainty surrounding the remuneration mechanism for BESS. 

Join this webinar to hear from a panel of experts about the opportunities and challenges for energy storage in the Dominican Republic. 

Key topics: 

• Understand the regulatory framework around arbitrage, capacity payments and ancillary services, and their impact on the profitability of BESS 

• Get an overview of the status of PV-plus-BESS projects in the Dominican Republic 

• Take part in the debate on the growth potential of BESS in the Dominican Republic over the next five years 

• Get answers from BESS experts during the Q&A session and get the information you need to succeed in the Dominican BESS market 

This is an open session, you can attend at zero cost, but spots are limited, so secure your place today by filling out the registration form.