Grupo Puntacana will generate more than 50% of its energy from renewable sources
The new project will seek to reduce the carbon footprint, the impact on the environment and avoid the emission of more than 25 thousand tons of CO2 per year.
Punta Cana, La Altagracia. – The Puntacana Group and the company Eurelius have signed an agreement to implement a solar energy generation project, which will generate more than 50% of the energy consumed in the community of Punta Cana, contributing to the development of a more sustainable destination.
With this project, the emission of more than 25 thousand tons of CO2 per year will be avoided and the measure will favor the reduction of energy costs. More than 30 MWp of solar production and more than 50 MWh of battery storage will be installed. Punta Cana will be one of the few cities in Latin America to produce more than 50% of its energy renewably.
Upon signing the agreement, Frank Elías Rainieri, president and CEO of Grupo Puntacana, said that "this confirms Grupo Puntacana's commitment to caring for the environment and the community, positively impacting by reducing emissions and, at the same time, the cost of electricity generation."
Grupo Puntacana has been making progress in the transition to cleaner energy generation, a process that began with the installation of solar panels at the Punta Cana International Airport (PUJ) and the Puntacana International School (PCIS). "Now, with this new project, we are taking a big leap forward in reducing the environmental impact of electricity generation through a significant reduction in greenhouse gas emissions. By reducing fossil fuel power generation, we contribute to a cleaner and friendlier tourist destination," Rainieri said.
The contracted project, explained the businessman, in addition to the installation of photovoltaic panels, includes the installation of an energy storage system, which adds stability to the system in the face of weather variations during the day.
Likewise, after signing the agreement, Michael Bellmer, Managing Partner of Eurelius, expressed his satisfaction to collaborate with Grupo Puntacana, "We are delighted with the opportunity to support Grupo Puntacana in the development, implementation and operation of this, to our knowledge, the largest clean energy project in the private industrial and commercial sector in the Dominican Republic and the Caribbean."
"We believe that this project is not only a milestone for Grupo Puntacana, but much more so for all of Latin America for private industrial and commercial groups evaluating substantially reducing their electricity bills and reducing their carbon footprint by sizing well-managed solar and battery electric storage systems as the most affordable energy source in the Caribbean already today," Bellmer said.
The agreement establishes that the photovoltaic plant will be located at the Punta Cana International Airport (PUJ), where it will have space for future expansion.
About Eurelius
Eurelius GmbH, registered in Germany, together with its directors, is an experienced international project development company with unrivalled competence in the design, engineering, technical execution (EPC) and financial structuring and financing of renewable energy projects, in particular also for the C&I segment, including large-scale energy projects throughout the Caribbean.
https://eurelius.com/
About Grupo Puntacana
Grupo Puntacana is a pioneering company in tourism and financial development that, more than 54 years ago, had the vision of developing a destination and a real estate community in a remote, isolated and paradisiacal corner of the Dominican Republic.
Through their sustainability initiatives and Corporate Social Responsibility programs, which have become a national and international benchmark, they promote a business model that contributes to generating jobs, while fostering local culture and promoting care for the environment.
https://www.grupopuntacana.com.do/es/