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The U.S. Department of Energy announced Thursday that it will disburse $440 million to install solar panels on low-income homes in Puerto Rico as the U.S. territory struggles with ongoing power ...
The U.S. government announced Thursday that $325 million in federal funds will be available for solar and battery storage installations across Puerto Rico as the U.S. territory struggles with ...
Amid the outages, Puerto Ricans have been hit with power bill increases that many have decried. Puerto Rico’s electricity rate is now 41% higher than the average U.S. rate. On Wednesday, the U.S. Department of Energy also announced an $861 million loan guarantee to help build two solar photovoltaic farms in the southern towns of Guayama and ...
The U.S. Energy Department said on Thursday it is offering a conditional loan guarantee of up to $861 million for two utility-scale solar-energy projects in Puerto Rico that are expected to boost ...
The Authority for the Financing of the Infrastructure of Puerto Rico Spanish: Autoridad para el Financiamiento de la Infraestructura de Puerto Rico (AFI)— is a government-owned corporation of Puerto Rico that grants administrative and financial assistance to other Puerto Rico government-owned corporations in order to develop facilities and improve the infrastructure of Puerto Rico.
The Cooperativa Hidroeléctrica de la Montaña is the first electric energy cooperative in Puerto Rico. [1] Their purpose is to generate and distribute cost effective and resilient energy from renewable sources for the communities and businesses from the Adjuntas, Jayuya, Lares, Maricao and Utuado municipalities. [2]
The Puerto Rico Energy Resilience Fund award for the solar and battery projects is part of a $1 billion in federal infrastructure-improvement funding that was approved in 2022, shortly after ...
A joint venture between Quanta Services (USA) and ATCO (Canada), LUMA was created to manage Puerto Rico’s power grid. [1] [2] The contract under which LUMA Energy operates the power grid in Puerto Rico was signed after a bid in 2020. [7] In the bid, five different companies participated and only four submitted business proposals. [2]