The capacity for non-conventional renewable energy generation in the Dominican Republic is expected to reach 2,600 megawatts (MW) by 2028, nearly five times more than the 555 MW recorded in 2020, according to projections from the Ministry of Energy and Mines.
This is how Minister Joel Santos explained it, highlighting that the growth is part of the national strategy to strengthen energy security and mitigate the impact of international crises on the sector.
“We are practically at 2 thousand megawatts at this moment in production. This has brought an investment of nearly 3 billion dollars to the Dominican Republic,” said Santos.
When interviewed on the program Hoy Mismo, which is broadcast on Color Visión, channel 9, the minister recalled that the electricity sector has led in the attraction of foreign investment over the last four years, with US$1 billion annually, which has represented a key factor for the Dominican economy.
The head of Energy and Mines also pointed out that several projects are being developed in the country to strengthen storage capacity and contribute to injection during peak hours, which in the Dominican case is between 7:00 and 11:00 at night.
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“But this will also provide stability to the system as we move toward more renewable energy,” Santos noted. He recalled that 200 MW of storage will be ready by the end of 2026.
The minister said that the country must continue to bet on greater generation of renewable energy to reduce dependence, not only on fossil fuels, but also on international politics.
Regarding mining, Santos indicated that, along with energy, it is the main sector for foreign investment in the last four-year period. He recalled that this economic engine plays a counter-cyclical role, especially in times of international crisis, mainly due to high gold prices.
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He indicated that the Dominican economy grew by 4.0% and the mining sector by 10.7% in the first four months of 2026, contributing 20 billion pesos in tax revenue during that period. “In other words, it is going to exceed the 45 billion pesos it generated last year,” he said.
He pointed out, however, that the Dominican Republic must move to strengthen environmental aspects and resources for mining communities and continue the development of policies in that sector that continue to contribute to economic growth.
The minister pointed out that the Mining Law continues to be reviewed, in such a way that what relates to investment in communities and the mechanisms under which funds are transferred can be strengthened, so that they are of greater benefit to the citizenry.
“At the end of the day, it is in everyone’s best interest that there is sustainability; which is not just environmental. Sustainability has to do with the development of communities,” pointed out Santos.
