The Dominican Republic is rapidly emerging as one of the most promising destinations for investment in renewable energy. With the launch of a new 25-year national energy plan, the country is setting a clear course toward sustainability, energy security, and economic growth. The goal: to establish the Dominican Republic as a leading energy hub in the Caribbean and to create outstanding opportunities for international investors.
Ambitious goals for clean energy
At the Energyear Caribe 2025 forum, Minister of Energy and Mines Joel Santos unveiled the new energy strategy, designed to modernize the national electricity system and secure supply for decades to come.
Key highlights include:
Over 2,600 megawatts of renewable capacity by 2028
70 projects under development, with 20 already under construction
39 projects with integrated storage systems for stable grid frequency
500–600 MW of energy storage planned within the next three years
This bold plan lays the foundation for a reliable and sustainable energy system, capable of balancing demand and ensuring long-term stability.
Sustainability as a driver of growth
The energy strategy is closely tied to the country’s economic program Meta 2036, which focuses on strong growth and competitiveness. Clean energy plays a central role: it not only guarantees supply security but also strengthens the Dominican Republic’s position as an attractive hub for foreign direct investment in renewable energy.
Today, the country already attracts more than $1 billion annually in energy-related FDI. This trend clearly demonstrates that sustainable energy projects in the Caribbean are becoming a magnet for international companies seeking long-term security and strong returns.
Public-private partnership as a success factor
A major strength of the Dominican model is the close partnership between government and private sector. “A sector like energy cannot be developed by government alone – it must be built together with private investors and companies,” emphasized Minister Santos.
This cooperative approach makes the Dominican Republic one of the most attractive destinations for renewable energy investment, combining political stability, innovation, and a welcoming business climate.
A contribution to climate protection and quality of life
Deputy Minister of Innovation and Energy Transition, Betty Soto, highlighted that the new plan will not only enhance competitiveness but also reduce CO₂ emissions. By expanding renewable energy in the Caribbean, the Dominican Republic actively contributes to global climate protection while improving the quality of life for its citizens.
A regional role model
With this long-term energy vision, the Dominican Republic positions itself as a pioneer in the Caribbean region. By combining solar and wind power with advanced storage systems and creating a strong foundation for international investment, the country sets new benchmarks for sustainable growth.
For investors, companies, and citizens alike, the message is clear: the Dominican Republic is the ideal location to invest in renewable energy projects and benefit from the Caribbean’s clean energy future.
