The Renewable Energy Industry in CARIFORUM Countries

RENEWABLE ENERGY INDUSTRY STAKEHOLDER ASSESSMENT

DOMINCAN REPUBLIC

The relationship with the other key stakeholders is depicted in the diagram below.

LEAD GOVERNMENT MINISTRIES

PRIVATE SECTOR INSTITUTIONS

REGIONAL INSTITUTIONS

HIGHER EDUCATION INSTITUTIONS

FINANCIAL INSTITUTIONS

FUNDING AGENCIES

RENEWABLE ENERGY COMPANIES

UTILITIES REGULATOR

Figure 3.31 | Relationships of Dominican Republic’s Higher Education Institutions

Academia is very open to collaboration and cooperation with RE stakeholders but their connections with the regional institutions are not well established.

3.6.6 | RENEWABLE ENERGY COMPANIES

There have been several pieces of legislation which address electricity services in the Dominican Republic since 2007 with plans to support and encourage RE implementations. Unfortunately, some laws have not been enacted and some plans have not been implemented, thereby negatively impacting the growth of the RE industry. There has been some distributed generation with connections to the grid. Generous tax exemptions on RE generation revenues and between 75% and 100% waivers on import charges on RE and EE equipment has been a source of encouragement. There are over 12 well established RECs currently operating in this market with a similar amount of smaller entities. They offer design and installation of PV systems along with auditing services and RE and EE retail sales.

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The Renewable Energy Industry in CARIFORUM Countries