Matafongo Wind Farm, Dominican Republic

Matafongo Wind Farm is a 34MW onshore wind power project. It is located in Peravia, Dominican Republic. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2019.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	34	34	–	Active	Peravia, Dominican Republic	El Grupo Eolico Dominicano

Description

The project was developed by El Grupo Eolico Dominicano and is currently owned by InterEnergy Holdings.

The project generates 104GWh electricity and supplies enough clean energy to power 30,000 households, offsetting 30,000t of carbon dioxide emissions (CO2) a year. The project cost is $70m.

The project has 90m high towers.

Development Status

The project is currently active. The project got commissioned in September 2019.

Power Purchase Agreement

The power generated from the project is sold to Corporacion Dominicana de Empresas Electricas Estatales under a power purchase agreement for a period of 20 years.

Contractors Involved

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The company provided 17 units of V90-1.8 MW turbines, each with 2MW nameplate capacity.

Vestas Wind Systems is the O&M contractor for the wind power project.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.