InterEnergy presents its advances toward carbon neutrality by 2030 in NYC

September, 2024

As part of the annual Clinton Global Initiative (CGI) meeting held in New York, Rolando González Bunster, Chairman and CEO of InterEnergy Group, reported on the company’s leadership in electromobility across the region and its progress toward achieving net-zero emissions.

New York, September 24, 2024 – InterEnergy continues its leadership in electric mobility and carbon neutrality in its operations, focusing on transitioning to 100% clean energy generation by the end of this decade. This was stated by Rolando González Bunster, Chairman and CEO of the group, during his participation in the Clinton Global Initiative (CGI) session on “Infrastructure Needs for Electric Vehicles,” where he shared the stage with Kameale C. Terry, co-founder and CEO of ChargerHelp, and Thomas Healy, founder and CEO of Hyliion, among other executives.

In this endeavor, González Bunster highlighted the group’s drive toward increasingly sustainable mobility. Through Evergo, which has become the largest and most sophisticated network of electric vehicle charging stations in the region, the company has deployed more than 15,000 chargers across the 10 countries where it operates in the region.

One of the company’s recent milestones is the launch of Latin America and the Caribbean’s first electric charging hub, Evergo Connect, located in Bávaro. This pioneering hub allows the simultaneous charging of 29 electric vehicles via ultra-fast charging stations, capable of achieving a full charge in just 20 minutes. This development revolutionizes the charging experience and addresses one of the key challenges of electric mobility, as González Bunster mentioned during the session.

Under the slogan “charge your vehicle with the sun,” one of Evergo Connect’s most remarkable features is that both its chargers and the facilities are powered by 100% renewable energy, sourced from photovoltaic generation. This is made possible through a partnership with its sister company CEPM and the hub’s location within CEPM’s concession area.

“With Evergo, we have successfully consolidated the region’s most advanced and widespread charging infrastructure. Our mission is to ensure that electric mobility is not just an option but a reality accessible to everyone. From ultra-fast stations to the first electric charging hub in Latin America, we continue to pave the way toward a cleaner future, where renewable energy and advanced technology work hand in hand to transform the way we move,” said Rolando González Bunster.

Pioneers in energy transition

It was in this same setting, in New York, two years ago, that González Bunster sealed InterEnergy’s “Commitment to Action” under a clear purpose: recognizing the significant role this energy group plays in the fight against climate change. “This is a shared effort to which we contribute with strong commitments, but above all, with tangible actions. We have done so in all the markets where we operate, leading pioneering projects that have set the course for the region toward emission-free generation,” said the executive.

Since then, this energy group has significantly expanded its clean generation assets in the region. As part of the CEPM Zero initiative, the group is advancing in the Dominican Republic with the development and construction of more than 200 MW of solar projects in the eastern part of the country this year, with plans to add another 300 MW in wind power by 2025. This effort is accompanied by the expansion of the current 110 MW storage infrastructure and systems, which will also provide stability and reliability to the company’s already robust grid.

The goal for 2030 is to transform CEPM into a zero-emission energy company with an estimated investment exceeding US$1 billion. This will be achieved through the integration of wind, solar, and storage batteries into the company’s existing generation matrix, along with other technologies in a later phase, such as pumped storage and sustainable fuels like green hydrogen.

Through its company GEDOM, the group will soon present the expansion of the Matafongo wind farm, located in Sabana Buey, as well as the construction of the 50 MW Granadillos wind farm in the northern region and the 50 MW Cacaos wind farm in Cabrera. This year also saw the completion of the expansion of the fourth natural gas unit of Energas, located in San Pedro de Macorís, as a boost to cleaner transition fuels.

Another major milestone the energy group is preparing for is the imminent inauguration of the Gatún Generator in Panama, a 670 MW combined-cycle natural gas power plant that will facilitate the integration of more clean energy sources into Panama’s generation matrix, displacing more polluting sources of generation.