Month: January 2013

2ND PHASE OF LOS COCOS IS INAUGURATED

2nd Phase of los Cocos is Inauguarated

PEDERNALES. EGEHAINA inaugurated yesterday the second phase of the Los Cocos Wind Park, with an investment of USD$100M, during a ceremony that featured President Danilo Medina among its attendees.

Los Cocos Wind Park and its 26 new aerial generators, which triple its generation capacity up to 77MW, for a total of 40 fully operational windmills that will feed this capacity to the national electric system.

The park extends from Enriquillo y in the Barahona province, all the way to Juancho, in Pedernales, and its operation contributes to the boosting of the economy in the nearby communities.

By offering the opening speech, Mr. Edgar Pichardo, EGEHAINA CEO, stated how the company is working decidedly and aiming to improve the electric system, through the production of clean energy.

Likewise, he announced the construction of Quisqueya II, a power plant that will supply 215MW and will operate based on a natural gas system.

On his behalf, Tito Sanjurjo, GM for EGEHAINA, confirmed that the produced clean energy, will avoid Co2 emission productions equaling 200,000 tonnes per year, asides translating into annual savings of 600,000 crude oil barrels.

Asides the above-mentioned, the inaugural activity featured the presence of Juan Vicini, and officials Rubén Bichara and José Ramón Peralta, among others.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI. 

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre

Los Cocos Wind Park increases from 25 to 77MW

Los Cocos Eolic Park increases from 25 to 77MW

President Medina headed the inauguration for phase 2 of the Los Cocos Wind Park located in the Juancho community of Barahona, composed by 25 new aerial generators which join the 14 turbo jets built in 2011 and turn the energy generation complex into one of the top 10 in Latin America for wind-based energy.

The expansion of the largest park in Central America and the Caribbean, involved an investment of USD$100M, disbursed by EGEHAINA, which increased its setup capacity from 25 to 77MW. Though the Dominican energy consumption for wind-based energy does not yet reach 5%, this initiative translates into a savings of USD$65million in the importation of 600,000 crude oil barrels, asides reducing damages to the environment, as stated by EGEHAINA.

The President shows his satisfaction in the park expansion, given it allows the Dominican electrical system to have greater energy availability. “This is what we want; to each time have more energy available. And this is a project involving renewable energy which is very important to the country, because it does not involve fuel costs: , so said the Ruler. Medina added that in the coming days the Government will present the “national energy plan”, making reference, possibly, to the electrical pact.

Wind ENERGY IN THE COUNTRY

The country only produces wind energy in the SouthWest region, in a terrain of 8,000 acres, located between Pedernales and Barahona. There are two generation parks in operation; Los Cocos, built by EGEHAINA, and Quilvio Cabrera, developed by CEPM. Both have a installed generation capacity of 85MW. It is expected for this to be a significant move for inland wind energy generation, given that two more park developments are in the works, one in Peravia and one in Montecristi.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

President inaugurates wind energy park developed with USD$100million

President inaugurates eolic energy park developed with USD$100mi

PEDERNALES. President Danilo Medina formally inaugurated yesterday the expansion of the Los Cocos Wind Park, built at a cost of USD$100million by EGEHAINA. During the act, the ruler stated that in the coming weeks, the new Energy Plan will be presented to the nation, to be developed by his government and that will include wind energy as part thereof.

On this type of energy production, Medina reasoned that initially it holds a very high cost, but will improve in time.

“This is what we want, to have more energy available each time in order to feed the national energy system, and this is a renewable energy project, which is of essential importance to the nation, because it is energy produced without the use of fuel”, Medina expressed.

The expansion of the project integrates 26 new aerial turbo jets that combined with the first 14, totals 40 aerial generators with a setup capacity of 77MW, and joins the park in Juancho, Pedernales, with the one in Enriquillo, Barahona.

According to explanations offered during the ceremony, the expansion of Los Cocos, will generate annually some 220 million kilowatt/hours, capable of supplying electricity to some hundred thousand homes, and will avoid the emission to the atmosphere of 200,000 tonnes of carbon dioxide (CO2) per year. Likewise, it saves the country an annual importation equal to 600 thousand crude oil barrels, which translates to a savings of USD$66 million.

Intention and Request. In his speech, the EGEHAINA CEO, Edgar Pichardo, manifested that the company is assessing the possibility of expanding the wind park, and that the executives have the intention for the company to continue being a State ally, in its purpose towards achieving a comprehensive improvement of the national energy system.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

The President inaugurates expansion of Wind Park in Barahona

The President inaugurates expansion of Wind Park in Barahona

Enriquillo, Barahona. President Danilo Medina inaugurated today the expansion of the Los Cocos Wind Park, by EGEHAINA, which adds 26 new aerial generators and built with an investment of USD$100M. With the integration of these units, the total capacity escalates to 40 jets in full setup, and the park expands from Juancho in Pedernales to Enriquillo in Barahona.

The GM for EGEHAINA, Tito Sanjurjo, explained that the expansion of the park will increase annually 220 kilowatt/hours, capable of supplying some hundred thousand households.

After concluding the inaugural act, president Medina visited the Quisqueya II auxiliary station, and two schools sponsored by EGEHAINA.

From there, the President will visit the El Caiman bridge, to inaugurate it.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

President Medina inaugurates phase II of Los Cocos Wind Park

President Medina inaugurates phase II of Los Cocos Wind Park

PEDERNALES. As we speak, President Danilo Medina is inaugurating the 2nd phase of the Los Cocos Wind Park, located in the Juancho community of the Pedernales province, a project developed by EGEHAINA featuring an investment of USD$100M.

This second phase of the wind park features 26 new windmills , totaling 40 generators, that will supply a total capacity of 77MW to the national electric system.

Now the park extends from Juancho, Pedernales, to Enriquillo in Barahona. The CEO of EGEHAINA, Edgar Pichardo, stated that these new windmills have tripled the setup capacity for the Wind Park, which operate with state-of-the-art technology.

Pichardo pointed out that EGEHAINA, is leader nationwide in electrical generation regarding setup capacity and technological innovation, given that since 1999, it has invested USD$700Million.

Contributions to the environment:

The Los Cocos Wind Park will generate annually 220 million kw/hrs, capable of supplying a hundred thousand households with electricity, or keeping a million energy-saver light bulbs switched on yearlong, as indicated by Tito Sanjurjo, GM for EGEHAINA.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: El Dia

Wind Park is inaugurated today

Santo Domingo. Featuring the presence of President Danilo Medina, today marks the inauguration of the expansion of the Los Cocos, Wind Park, developed by EGEHAINA, in the Juancho community, of the Pedernales province.

The total investment for developing the park, whose first stage surpasses USD$200million and will supply 77MW to the energy system.

The inauguration is scheduled to take place at 10am, in a ceremony that will also feature the attendance of the Executive Vice-president of the CDEEE (State-owned Electricity Corporation), Mr. Rubén Bichara.

The Los Cocos Wind Park, will feature 40 aerial generators (windmills), of which 26 were installed for this second phase.

First phase:

In October 2011, in Juancho, Pedernales, the first wind park was inaugurated in the country: (Los Cocos), featuring an investment of USD$100M. This first stage feeds 33MW to the system.

About EGE Haina: 

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre

Danilo Heads Inauguration of Los Cocos, With an Investment of USD$100 Million

Danilo Heads Inauguration of Los Cocos, With an Investment of US

President Danilo Medina heads the inauguration for the second phase of the Los Cocos Wind Park, located in Enriquillo, Barahona, which features the integration of 26 aerial generators, a total investment of USD$100 million.

The new turbo jets join the first 14 generators setup in 2011, which reaches a total capacity for energy generation of 77MW.

The Los Cocos Wind Park will generate an annual capacity of 220 million kw/hrs, capable of supplying a hundred thousand family homes.

Tito Sanjurjo, GM for EGEHAINA, pointed out that this type of energy is clean in its generation, therefore, does not affect the environment in any way, and will avoid the emission of 200,000 tonnes of CO2 per year.

Sanjurjo also stated that this will translate into an annual savings of 600,000 crude oil barrels.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

Phase 2 of Los Cocos

Phase 2 of Los Cocos

The new aerial generators are working in what is known as the largest wind park in the Caribbean and Central America. These windmills are equipped with a maintenance system that permits predicting failures prior to its factual happening. They are so avant-garde, that to this date, the Dominican Republic possesses the greatest amount of windmills installed worldwide by the company Gamesa.

The Los Coco Wind Park, developed by EGEHAINA, is a wind-based energy generation mainline, first of its kind in the country.

The park has an extension of 7,800 acres which go from Enriquillo in Barahona, all the way to Juancho, Pedernales. The grounds for the mills only use 1% of those terrains, whereas 99% is left available for agricultural activity.

About EGE Haina: 

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre

CAEI: A Story of Fortes in the Industry

CAEI: A Story of Fortes in the Industry

The sugar production in the Christopher Columbus Sugar Mill began in 1883. And has not stopped. Years have only served to consolidate it as one of the icon companies within the industry in the Dominican Republic. The efficiency and stability it operates today, is far from the fluctuations it operated in the past, which characterize its time of inception. Of course the vestiges of its commencements can still be observed. To step on every centimeter of the terrain holding the gargantuan steel-made structure where the mills function, extracting the sugar cane bagasse, sets back to the then governing Ulises Heureaux.

Since 1921, it is property of the VICINI family. Back then it was property of the sisters Marina Narino Vda. Mola and Mercedes Narino Fernández de Castro. Their terrains feature an extension of 388.457 tareas, of which 165,967 are occupied with sugar cane plantations and another 220,000 are dedicated to livestock farming. It also features 2,500 acres planted with bananas, plantains, manioc, sweet potato, aubergine, pigeon peas, beans, maize and fruit crops.

The current milling capacity is 5,500 metric tonnes per day, with a production capacity that flows between 600 and 700 metric tonnes of sugar per day. The harvest begins formally on December 1st and will last till next June.

Today it is one of the 40 companies certified by the General Department of Labor Safety and Hygiene by the Ministry of Labour.

The CAEI Consortium is the operational umbrella that structures the Christopher Columbus Sugar Mill. Its Exec. VP Alberto Potes perceives a promising future for the Dominican sugar industry, but is ware that important changes need to be made for the company to achieve the goals of a high-performance organization, resulting competitive both locally and abroad.

The company features an expansion and development plan to 2020, which proposes to increase the milling capacity from 5,500 to 14,000 tonnes per day. The required investment oscilates between USD$60M and USD$70M.

“The strategic plan contemplates a series of investment and strategic field development, which is where the business leverage is formed. To strengthen and expand the agricultural segment, cutting and transporting the sugar cane. Later on, within our goals, we feature an efficient factory through which we can rely on 24hours a day,” said Potes.

About CAEI:

CAEI is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Listin Diario

100MW Will Be Found in Wind Energy

100MW Will Be Found in Wind Energy

Santo Domingo

The southern region of the D.R will feed the national electric system a total 185MW of wind energy, upon the addition of two projects of 50MW capacity each, which will be operaitonal this year, among Pedernales and Barahona, Enrique Ramírez, executive director of the National Energy Commission (CNE), said in Juancho, Pedernales, that a plan is underway to produce 85MW, and graded it as the most important project in the Caribbean region.

These alternative energy sources are being developed by EGEHAINA, which is developing the third stage of their 50MW project in Los Cocos, and the Punta Cana- Macao Electric Consortium (CEPM), which shall also execute some 50MW. Currently, EGEHAINA features 77MW and 8 are provided by CEPM in the Juancho community.

The plan that will allow this 100MW production implies an investment of USD$200million, which according to the official, places the country in the leading position during 2012-2013. These 100MW have already been approved by CNE, which points out that they will be fed into the National Interconnected Electric System (SENI) in the next two years. The idea for the Energy Commission is that by ends of 2016, the country can feature with a development capacity of 300MW of wind energy, according to Ramirez’s statement.

The CNE informed that there is a 30MW project located in Baní which is financed by the IADB. “From this initiative we are awaiting recommendations from the CDEEE to commence developing”, he affirms. Also, it has been foreseen to apply other projects in the zones of Monte Cristi and Puerto Plata. “We are talking about projects with the potential to develop 100MW”.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario