MPC Energy Soventix Caribbean Solar PV Park is a 100MW solar PV power project. It is planned in Dominican Republic. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.

Description

The project is being developed and currently owned by MPC Energy Solutions and Soventix Caribbean. The company's ownership stake in the project stands as 51% and 49% respectively.

MPC Energy Soventix Caribbean Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $147.213m.

Development status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.

For more details on MPC Energy Soventix Caribbean Solar PV Park, buy the profile here.

About MPC Energy Solutions

MPC Energy Solutions NV (MPC Energy Solutions) develops, constructs and operates renewable energy assets that focuses on low-carbon energy infrastructure, which includes solar and wind assets, and other hybrid and energy efficiency solutions. It also focuses on project and markets within the Latin American and Caribbean region. The company's operations are spread across El Salvador, Colombia, Saint Kitts and Nevis, Mexico and Puerto Rico. The company is headquartered in Amsterdam, Nord Holland, The Netherlands.

About Soventix Caribbean

Soventix Caribbean Srl specializes in the design, development and construction of state-of-the-art photovoltaic projects.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.