DOMICEM carried out the groundbreaking ceremony to officially kick-off the construction for a solar-powered photovoltaic energy plant, of 1,500KWP, located in Sabana Grande de Palenque, in the San Cristóbal province, as part of its sustainable action plan, which will expand to 6,000 KWP during phase 2.
The project will feature the setup of 4,616 solar panels, each of them with a 325WP production capacity, 49 SMA inverters, with a built-in capacity to produce 25.00KWP and which will produce a total of 2,286,305KWH of clean energy, which translates to DOMICEM ceasing to consume 56,175 fossil fuel gallons per year, by switching from traditional energy to solar power.
Osvaldo Oller, VP at DOMICEM, stated that: “here at DOMICEM, we have assumed the commitment of investing towards achieving a cleaner nation, and therefore our production focuses more each time on reducing emissions”. The executive explained that since 2013, the company has set out to carry out a series of new initiatives to achieve this goal.
“Besides this photovoltaic project, back in 2013 we signed an agreement with EGE HAINA, to consume clean eolic energy, produced by the Los Cocos Wind Farm, later on we set up a new Vertical Wind Turbinel, which reduced energy consumption by over 10%, turning DOMICEM into a more efficient energy consumer company; another project we will be carrying out is the setup of a particulate electrostatic precipitator, which reduces emissions into the atmosphere, besides several reforestation drives in the recovery areas located nearby mining zones and mountains” Oller said.
The solar power plant will produce an environmental savings of 1,455,690Kilograms of CO2 per year, which will equal to DOMICEM planting a total of 48,532 trees. This important solar power project, reassures once again the DOMICEM commitment of being an environmental-friendly company.
Present at the groundbreaking act were the National Energy Commission Director, Mr. Juan Rodríguez Nina, and the Chairman of the Administrative Board of the Electricity Superintendence, César Augusto Prieto, and Adriano Brunetti, managing-director of DOMICEM, as well as high-level company executives.
DOMICEM is a company in the Energy and Industries portfolio of assets administered by INICIA.
The Vicini family has invested in different economic sectors in the Dominican Republic for over 140 years. INICIA is one of the companies that has contributed significantly to the development and industrialization of the country.
INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.