PR-GRID Market News - Page 5 of 8

Hearing on US$8.3-billion PREPA restructuring deal delayed
January 6, 2020
A U.S. District Judge has canceled a Jan. 14 hearing on the Puerto Rico Electric Power Authority (Prepa) $8.3-billion restructuring deal, as requested by the Financial Oversight & Management Board and the Fiscal Agency and Financial Advisory Authority. This is the fifth postponement of the hearing and a new date hasn’t been set to discuss […]
$4.5-million solar development coming to Puerto Rico
December 16, 2019
New York State leaders announced a program to provide business assistance and workforce development for Puerto Rican solar and construction companies. The $4.5 million initiative – called Puerto Rican Solar Business Accelerator, Workforce and Small Business Development Program – is being done through a partnership between the New York State Energy Research and Development Authority […]
Report: Restoring post-storm power to Puerto Rico took a year
December 2, 2019
A new report from the U.S. Energy Information Administration (EIA) revealed that nearly a year passed before electricity generation was fully restored to pre-storm levels in Puerto Rico. The annual Power Plant Operations Report states that government agency PREPA, responsible for the territory’s electricity supply, lost 80% of its transmission and distribution network following Hurricanes […]
Puerto Rico issues RFQ for new generation facility
November 15, 2019
Puerto Rico is seeking a P3 partner to develop a generation facility in its northern region. The Puerto Rico Public-Private Partnerships Authority (PRPPA) and the Puerto Rico Electric Power Authority (PREPA) issued an RFQ seeking a private partner to develop, finance, construct, and operate the facility. It would be located adjacent to the existing Palo […]
Microgrids in Puerto Rico to double by 2024
June 7, 2019
A report by Wood Mackenzie estimates that the accumulated investments in Puerto Rico’s microgrid market, which could allow over 220MW of installed capacity in the next five years, will reach USD 419 million. Companies are currently competing for the development of multiple clean energy and microgrid projects on the island. These trends indicate that the […]
Strategic partnership update for solar and microgrids in Puerto Rico, USVI
September 20, 2018
EnerDynamic Hybrid Technologies Corp (EHT), CAT5 Solar and Microgrids (CAT5), and Danosa Caribbean Inc. (DCI) have formalised their joint venture agreement, and will distribute EHT panels and OutBack equipment in Puerto Rico and the US Virgin Islands. EHT is a company which delivers intelligent, bankable and sustainable products, with full integration of smart energy solutions. […]
For Puerto Rico, how many stakeholders are too many? Former energy regulator considers island’s recovery and future
September 13, 2018
Jóse Román Morales, former Chairman of Puerto Rico’s Energy Commission, sat down with New Energy Events recently and shared his views on the resilience of the newly reconstructed grid, impediments to investment, and the independence of the new Energy Bureau. Do you believe that Puerto Rico’s reconstructed grid is better able to withstand and recover […]
Proposed law would enable Puerto Rico, USVI to build offshore wind
September 7, 2018
A bill that would enable U.S. territories to build offshore windfarms has been approved by the Committee on Natural Resources and moved to the full House of Representatives for consideration. All members of Congress representing U.S. territories have voiced their support for the bill. Tim Charters, of the National Ocean Industries Association (NOIA) called the […]
Puerto Rico’s governor signs regulatory reform bill
August 16, 2018
On Monday, Gov. Ricardo Rosselló announced that he signed into law a measure to create the Public Service Regulatory Board’s reorganization plan. This will entail a shake up of the Puerto Rico Energy Commission, which will now be known as the Energy Bureau, among other regulated entities. Projected savings are estimated at $12 million in […]