DR1 Daily News - Dominican Republic

Broadening its clean energy portfolio in the Caribbean, TotalEnergies announced it has purchased 50% of AES Dominicana’s renewable energy assets, marking a strategic shift from liquefied natural gas (LNG) to a diversified multi-energy approach.

A company press release reveals that the acquisition was announced Tuesday, 2 July 2025 and builds on the French energy giant’s 2024 purchase of a 30% interest in AES’s Puerto Rican solar and battery projects, further cementing TotalEnergies’ position in the region’s energy transformation.

The newly combined portfolio now exceeds 1.5 gigawatts (GW) of renewable and battery storage capacity, capable of generating approximately 2.5 terawatt-hours annually—enough to power hundreds of thousands of Caribbean homes.

The assets span solar, wind, and battery energy storage systems (BESS) across the Dominican Republic...