Month: April 2016

MEDINA LAUNCHES 30MW PRODUCTION BIOMASS PLANT

THE PLANT’S OPERATION WILL BE MANAGED BY EGE-HAINA, AS PART OF ITS OPERATIONAL UNITS IN SPM

SANTO DOMINGO.- President Danilo Medina inaugurated yesterday the new 30MW Bioenergy Plant, developed under the Energy & Industry Fund co-managed by INICIA and Putney Capital Management.

The plant featured a cost of RD$4,500Million and is the first Biomass-based Energy mainframe in the country.

The SPBE Board Chairman, Rafael Vélez, said that the plant will operate on bagasse-based fuel sources, fed directly from the Ingenio Cristóbal Colón, thus avoiding the emission of 80,000 tonnes of CO2 into the atmosphere.

 “During the harvest season, the mill will consume up to 12MW, and the rest of the year, all production will be fed directly into the SENI”, Vélez said.

Meanwhile, Felipe Vicini, Executive Chairman and Managing Partner to INICIA, reaffirmed that environmental, social and financial stability, is the foundation of all investments made by the firm he represents, and that SPBE responds to the strategy of investing in eco-friendlier companies.

Dijo que la planta preserva el medio ambiente.

SOURCE: http://www.diariolibre.com

30MW BIOMASS PLANT IS LAUNCHED

President Danilo Medina headed yesterday the inaugural launch for the new San Pedro Bio Energy terminal, developed in San Pedro de Macorís, as well as the groundbreaking ceremony for the new Hampton Inn Hotel by Hilton Las Americas, which will be built in the Las Americas Freeway, in the vicinity of the Las Americas International Airport (AILA).

The Head of State headed in San Pedro de Macorís the operational debut of the San Pedro BioEnergy Terminal, developed within the framework of the Energy & Industry Investment Fund, co-managed by INICIA and Putney Capital management, featuring a USD$90M investment.

San Pedro BioEnergy (SPBE) is the first biomass-based Energy Mainframe of the SENI; so expressed Mr. Rafael Vélez, the Chairman of the Board of the SPBE Board of Directors, who also added that SPBE is unique in its kind and will generate 30MW of bagasse-based energy, directly fed from the Ingenio Cristóbal Colón.

Vélez also affirmed that by using this fuel source to produce energy, this will help prevent the emission of over 80,000 tonnes of CO2 into the atmosphere.

“During the harvest season, the mill will consume up to 12MW, and the rest of the year, all production will be fed directly into the SENI”, Vélez indicated.

Felipe Vicini, Executive Chairman and Managing Partner for INICIA, reaffirmed that environmental, social and financial stability, is the foundation of all investments made by the firm he represents, therefore SPBE responds to the strategy of investing in eco-friendlier companies.

SOURCE: http://www.listindiario.com

THE SUGAR CANE BAGASSE COULD CONTRIBUTE UP TO 4% OF ELECTRICAL GENERATION

Assessment study conducted by the World Watch Institute identified biomass potential

SANTO DOMINGO. Las energías renovables en República Dominicana, a pesar de que hace unos tres años se disminuyó el incentivo que ofrecía la Ley 57-07 para las mismas, han seguido su curso, y se han desarrollado varios proyectos en el país en los renglones: eólica, solar y de biomasa.

En lo que respecta a la biomasa, renglón sobre el ayer el presidente Danilo Medina dejó inaugurada una central energética de 30 megavatios en San Pedro de Macorís, existe un estudio realizado por la World Watch Institute, que sostiene que sólo el bagazo de la caña de azúcar, si se utiliza en todo su potencial con tecnología de alta eficiencia, podría alimentar hasta un 4% de la generación eléctrica del país.

Pero el potencial de energía a través de la biomasa en República Dominicana, según destaca en el estudio, se puede encontrar en el banano, cacao, café, plátano, arroz y la caña de azúcar.

Establece que de estos rubros, la caña de azúcar, el café y el arroz son los cultivos de biomasa con el mayor potencial para la generación de electricidad en la República Dominicana.

El informe de la World Watch Institute indica que el bagazo de la caña es el que tiene mayor potencial para la generación de electricidad a través de la biomasa.

Actualmente, el país produce alrededor de 1.5 millones de toneladas de bagazo de caña de azúcar al año, y que sólo el 30% se utiliza para generar electricidad, aunque los principales ingenios azucareros utilizan bagazo para la cogeneración.

Además, expresa que la cáscara de arroz posee el segundo mayor potencial de biomasa como materia prima en la República Dominicana, y aunque no hay molinos de arroz que sean actualmente miembros del programa de medición neta del país, los expertos ven una tremenda oportunidad para asociarse.

Cada año, la República Dominicana produce unas 112,000 toneladas de paja de arroz (tallo), la mayoría de las cuales se deja en el suelo para combatir la erosión y reponer el suelo. Y la pulpa de café es el tercer mayor potencial de materia prima de biomasa en la República Dominicana.

El país produce aproximadamente 576,000 toneladas de pulpa de café al año, a partir de la cual es posible producir biogás. “Normalmente, la pulpa se descompondría, liberando metano, lo cual puede atraer plagas; si se aprovecha este metano, se puede obtener energía y al mismo tiempo ayuda a prevenir la plaga”, precisa el estudio publicado en julio de 2015.

SOURCE: http://www.diariolibre.com

MEDINA LAUNCHES NEW SUGARCANE BAGASSE-BASED ENERGY MAINLINE

San Pedro de Macorís.- Inaugurated yesterday by President Danilo Medina, joined by government officials and project investors, the new Biomass- based Energy Terminal was inaugurated, as also the groundbreaking for the new Hampton Inn Hotel by Hilton, to be built in La Caleta, Boca Chica, as part of the projects development plans to take place in the East.

The first activity headed by the Head of State, was the formal launch of San Pedro BioEnergy (SPBE), featuring an investment surpassing RD$4,000Billion, which will produce 30MW of energy, all of it sourced from the bagasse coming from the Ingenio Cristóbal Colón, thus avoiding the emission of over 80,000 tonnes of CO2 into the atmosphere.

The plant is part of the Energy & Industry Assets Portfolio co-managed by INICIA and Putney Capital Management.

The plant’s operation will generate some 100 direct jobs and 200 contractor opportunities. Its construction was commissioned to Cobra Energy, which developed the work in 24 months.

This is the first ever biomass-based energy mainline that is connected directly to the SENI. In its first phase it will use up around 400,000 tonnes of bagasse per year, and around 100,000 tonnes of Leucaena in order to produce the abovementioned 30MW.

The chairman of INICIA, Felipe Vicini, expressed that with respects to the terminal, the same was designed to meet the highest local and international quality standards, emphasizing also on the environmental, health and safety regulations for energy mainlines of the World Bank.

SOURCE: http://hoy.com.do

FIRST BIOMASS TERMINAL IS LAUNCHED

SAN PEDRO DE MACORÍS.-  President Danilo Medina formally inaugurated yesterday the first biomass-based energy terminal of the National Interconnected Electrical System (SENI), San Pedro BioEnergy (SPBE). SPBE will produce 30MW by way of processing the bagasse coming from the Ingenio Cristóbal Colón, located next to the plant, and will avoid the emission of some 80,000 tonnes of CO2 into the atmosphere.

Asides sugarcane bagasse, the plant could produce energy from other crops, such as leucaena, acacia and eucalyptus.

The chairman of SPBE, Rafael Vélez, precised that the mainline will use around 400,000 tonnes per year of bagasse, and some 100,000 tonnes of leucaena, to produce 30MW of energy, of which the mill would use 8-12MW during harvest season, and the rest would be fed directly into the SENI, which would also use the entire production when it is off-season.

The work featured local labor

The INICIA chairman, Felipe A. Vicini, highlighted that during the development phase for the plant, some 1,000 community members participated in the work, and that once operational, some 100 persons will be employed directly, and another 200 as contractors. Vicini manifested that the plant was designed to meet the utmost quality standards.

SOURCE: http://www.elcaribe.com.do

DOMINICAN REPUBLIC HAS A NEW ENERGY TERMINAL

It was inaugurated yesterday, after a USD$90M investment.

SAN PEDRO DE MACORÍS.- The country now has a new biomass-based energy terminal. This new kid on the block is San Pedro BioEnergy (SPBE), which will produce 30MW of energy, all of it sourced from the bagasse coming from the Ingenio Cristóbal Colón.

The project, whose investment escalated beyond RD$4,000Billion, was inaugurated yesterday by President Danilo Medina, joined by government officials and project investors.

“Today, we are inaugurating a terminal unique in its kind, tailor-made, which we hope will double its capacity in the near future”, so said Rafael Vélez, chairman of SPBE upon introducing the project. San Pedro BioEnergy will use close to 400,000 annual tonnes of sugarcane bagasse, and about 100,000 tonnes of leucaena, to produce 30MW of clean energy. Around 8-12 MW of that produced energy will be used for the mill operations during the harvest season, the rest will be fed directly into the SENI.

“Those 30MW represent an annual consumption by over 50,000 homes, and 41% of the energy billed by EDEESTE in this province”, so mentioned the president of the CNE, Mr. Juan Nina.

The mainline that would increase its setup capacity to 80MW in the future, is a company managed under the Energy & Industry Fund, co-managed by INICIA and Putney Capital Management.

SOURCE: http://eldia.com.do

FIRST BIOMASS-BASED ENERGY PLANT BECOMES OPERATIONAL

The plant will produce bagasse and leucaena-based energy. For its execution, an investment of USD$90M, of which, USD$55M were funded by Banco Popular.

 INICIA and Putney Capital Management formally launched the new Biomass Energy Mainframe for the SENI in San Pedro; the new energy terminal was inaugurated by President Danilo Medina.

The 30MW that the new San Pedro BioEnergy Terminal will produce, will be sourced from the bagasse of the Ingenio Cristóbal Colón, hence preventing emissions of some 80,000MTs of CO2 into the atmosphere, given that biomass is a new source of clean energy, equal to eolic and solar-based energy. The plant execution featured a USD$90M investment, of which USD$55M were granted by a cluster of financial entities led by Banco Popular, followed by Banreservas and Banesco.

“This is the first time an Energy Mainline in the country, of said magnitude is funded solely and exclusively by local banks”, that right there is a stake on the solidity of our national banking system, so said the chairman of the Board of San Pedro BioEnergy, Rafael Vélez. The chairman of the CNE, Juan Rodríguez Nina, affirmed that the general infrastructure will supply the yearly spent energy to over 50 thousand homes, and will translate to a savings of 120,000 barrels of crude oil/fossil fuels.

During the harvest, which extends all summer, or dry season, in which the sugarcane is harvested and processed, lasting from November to April, the mill will use up to 12MW, and the rest of the year, all the energy will be fed directly into the SENI. This way, the mill will increase its efficiency with a milling increase from 7,000 to 12,000MTs of sugar cane per day, almost a 50% increase.

The executive chairman at INICIA, Felipe Vicini, affirmed that the environmental, social, and financial sustainability is the foundation of all investments made by the firm it represents, reason why the plant works under the schematic of eco-efficient investments.

 “For INICIA, investing in energy companies in the D.R needs to be based on going beyond producing wealth, but needs to be based on efficiency, as well as the diversification of the energy matrix, and the commitment to sustainability which we promote”, Vicini added. Asides producing bagasse and leucaena-based energy, the plant is also able to produce energy from other biomass sources, like acacia and eucalyptus, and also perhaps from natural gas or coal.

SOURCE: http://www.metrord.do