By Joseph Di Giovanni, Director of Development

Friday, February 19, 2010

To View a Video from this project see the bottom of the page.

Groupo Malespin with SKY Energy International, Inc. installed a twenty-five kW photovoltaic solar system last month in an attempt to combat the extremely high cost of electricity affecting the Dominican Republic. The power sector in the Dominican Republic has traditionally been, and still is, a bottleneck to the country's economic growth. 

A prolonged electricity crisis and ineffective remedial measures have led to a vicious cycle of regular blackouts, high operating costs of the distribution companies, large losses including electricity theft through illegal connections, high retail tariffs to cover these inefficiencies, low bill collection rates, a significant fiscal burden for the government through direct and indirect subsidies, and very high costs for consumers as many of them have to rely on expensive alternative self-generated electricity. According to the World Bank, the revitalization of the Dominican economy depends greatly on a sound reform of the sector. (1) (2)

The firm plans on working closely with SKY energy to continue to develop the Solar market throughout the DR.

MALESPIN CONSTRUCTORA, S.A. and the system are located at Calle 20 casi esquina B. Villa Aura, Manoguayabo, Santo Domingo, Rep.Dominicana Teléfono (809) 561-1563 Fax (809) 561-3982mp.

(1) Electricity Superintendence-Statistics, 2006