Puerto Rico

Puerto Rico, U.S. Virgin Islands closer to getting $2 billion for electric grid repairs

The U.S. Department of Housing and Urban Development published a federal register notice for $1.93 billion in electrical grid funding, outlining the rules and regulations governing its use. The money is meant to help the electrical system become more resistant to future storms and climate change, as well as emit less carbon dioxide. It also requires […]

Puerto Rico Energy Bureau OKs $1.2B in electrical infrastructure projects

The Puerto Rico Energy Bureau has approved $1.2 billion to be used for all electrical infrastructure projects included in the Puerto Rico Electric Power Authority’s (PREPA) 10-year infrastructure plan.   Source

MPC Energy Solutions invests in cogeneration in Puerto Rico

MPC Energy Solutions N.V. has signed the acquisition of a 3.4 MW Combined Heat and Power (CHP) project in Puerto Rico. The project will sell the produced heat and power under a 12-year USD-denominated energy service agreement to an unnamed pharmaceutical company. Source

Private company takes over Puerto Rico power utility service

Luma Energy, a private company, has taken over Puerto Rico’s power authority. The takeover under a 15-year contract coincided with the beginning of the Atlantic hurricane season, with many across Puerto Rico worried about the transition and whether the new company can handle a severe storm. The U.S. territory is still struggling to recover from […]

Puma Energy launches solar energy program in Puerto Rico

Puma Energy confirmed plans to install solar power at up to 200 of its retail stations in Puerto Rico, announced the company in a press conference. The goal is to reduce its carbon footprint through the installation of a clean energy source. To calculate the amount of carbon footprint the company will use a new […]

New solar energy project to add 60 MW to Puerto Rico’s electric grid

The Puerto Rico Energy Bureau (PREB) of the Public Service Regulatory Board announced today the approval of a solar energy project that will add a total 60 megawatts (MW) of generation to the island’s electric grid. This new price represents savings of $170 million during the life of the contract compared to what the Puerto […]

Puerto Rico issues RFP for 1.5GW renewables and energy storage

The island of Puerto Rico has issued a request for proposals (RFP) to construct 1GW of renewable energy capacity and 500MW of battery energy storage on the island. The Puerto Rico Electric Power Authority (PREPA) is seeking to procure renewable energy resources with a minimum generating capacity of 20MW, and 500MW of collective energy storage, […]

U.S. lawmakers say new grant gives Puerto Rico an opportunity to rebuild electrical grid using renewable energy 

United States Senate Majority Leader Charles E. Schumer and U.S. Representative Nydia M. Velázquez  announced that the recently issued $9.46 billion grant to the Puerto Rico Electric Power Authority (PREPA) can be used to build a more resilient and environmentally friendly electrical grid that simultaneously ensures Puerto Rico can be less energy import dependent and […]

Puerto Rico awaits first procurements to add 3.75 GW solar, 1.5 GW storage

The Puerto Rico Energy Bureau ordered the utility PREPA to issue six procurements in the next 30 months, totaling 3.75 GW of solar and 1.5 GW of four-hour storage, or their equivalents.   Source