Bio E Group to construct two ethanol plants in Dominican Republic; partners with Tomsa Destil and Biotech

In the Dominican Republic, Bio E Group announced that it will construct two ethanol, plants that will produce 35 Mgy in ethanol and 30 MW of power. The plants will be located in the townships Bayaguana, Monte Plata and Quisqueya, San Pedro, and will cost $300 million to construct. Tomsa Destil and Biotech will take an ownership stake in the venture.

A renewable energy law has been passed in the Dominican Republic, which removes all taxes from all equipment, sales, and income for at least 10 years, pays up to 75% of the cost of installing solar or wind in homes or community co-ops, and offers an incentive for utilities for renewable energy production.

The Dominican Republic has been discussed for multiple biofuel projects because of its low wages, sugar cane, and because as a member of CAFTA the DR can export sugarcane ethanol to the US without paying the tariff that is imposed on Brazilian ethanol.

Late last year, Masada Resource Group and RJ Zapata will develop a commercial-scale waste-based ethanol plant. The venture will dispose of the solid waste from the City of San Domingo East and create 30 Mgy of ethanol.

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