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HomeTrendingGrupo Puntacana to derive over half of energy from renewable sources

Grupo Puntacana to derive over half of energy from renewable sources

Grupo Puntacana to derive over half of energy from renewable sources

Punta Cana, La Altagracia, DR. – The Puntacana Group and the Eurelius company 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 help reduce energy costs. More than 30 MWp of solar production and more than 50 MWh of battery storage will be installed. Punta Cana seeks to become one of the few cities in Latin America to produce more than 50% of its energy renewableally.

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, having a positive impact by reducing emissions and, at the same time, the cost of electrical energy 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 (AIPC) and at the Puntacana International School (PCIS).

“Now with this new project we take a great leap in reducing the environmental impact of electricity generation through a significant reduction in greenhouse gas emissions. By reducing energy generation with fossil fuels, we contribute to a cleaner and friendlier tourist destination,” said Rainieri.

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 at collaborating with Grupo Puntacana, “We are delighted with the opportunity to support Grupo Puntacana in the development, implementation and operation of this, to the best of 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 the Puntacana Group, but much more for all of Latin America for private industrial and commercial groups that are evaluating substantially reducing their electricity bills and reducing their carbon footprint through the well-managed sizing of the solar and battery electric storage systems as the most affordable source of energy in the Caribbean today,” said Bellmer.

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 Puntacana Group

Frank Elías Rainieri, president and CEO of Grupo Puntacana and Michael Bellmer, managing partner of Eurelius, during the signing of the agreement.
Frank Elías Rainieri, president and CEO of Grupo Puntacana and Michael Bellmer, managing partner of Eurelius, during the signing of the agreement.

Grupo Puntacana is a pioneer 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 promoting local culture and promoting care of the environment. environment.

Editorial
Editorialhttps://puntacanatoday.com
Meet Mia, a talented and experienced real estate journalist based in Punta Cana. With a passion for writing, Mia has been contributing articles to PuntaCanaToday®, a leading publication in the real estate industry known for their in-depth research and analysis, Mia covers a range of topics related to the Punta Cana real estate market, from the latest trends and developments to expert insights and advice for buyers and sellers. With a keen eye for detail and a dedication to their craft, Mia is committed to providing readers with accurate, informative, and engaging content. Mia Rodriguez: Editor-in-Chief of PuntaCanaToday® Mia Rodriguez is a dynamic and visionary leader in the realm of journalism, best known as the Editor-in-Chief of PuntaCanaToday®, a prominent newspaper dedicated to providing unparalleled insights into the vibrant landscape of Punta Cana. With an unquenchable passion for fostering informed discussions and driving positive change, Mia has emerged as a pivotal figure in shaping the narrative of Investments, Construction, Real Estate, and Tourism within the region. Born and raised in Punta Cana, Mia's deep-rooted connection to the local culture, coupled with her exceptional journalistic acumen, has propelled her to the forefront of the media industry. With her ample knowledge in Journalism and Communication, Mia embarked on her career with an unwavering commitment to bring forth compelling stories that resonate with both residents and international audiences. Under Mia's editorial stewardship, PuntaCanaToday® has flourished into a beacon of reliable information, serving as an indispensable resource for investors, entrepreneurs, and tourists seeking to explore the vast potential of Punta Cana. Her keen editorial eye and dedication to accuracy have ensured that the newspaper maintains the highest standards of integrity and credibility. Mia's multifaceted approach to journalism is reflected in the comprehensive coverage PuntaCanaToday® provides. From in-depth analyses of investment trends and construction developments to insightful features on the ever-evolving real estate market and the burgeoning tourism sector, the newspaper has evolved into a trusted companion for anyone looking to stay well-informed about Punta Cana's trajectory. Beyond her role as an editor, Mia Rodriguez remains deeply engaged within the local community, participating in various initiatives aimed at promoting sustainable growth and preserving the cultural heritage of Punta Cana. Her commitment to ethical reporting and her dedication to fostering a sense of unity within the region have garnered her widespread respect and admiration. In a realm where information is a precious commodity, Mia's leadership has solidified PuntaCanaToday® as an indispensable bridge between the past, present, and future of Punta Cana. Through her visionary leadership, Mia continues to shape the narrative of the region, inspiring others to explore its limitless possibilities and contribute to its ongoing success.
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