Puerto Rico

Agustín Carbó, Chairman of Puerto Rico’s Energy Commission, Confirms Role at CREF ‘16

September 15, 2016

Agustín Carbó, the Chairman of the Puerto Rico Energy Commission, has confirmed that he will participate at CREF 2016. His confirmation follows news of the passage of the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) which, after an extended period of uncertainty around Puerto Rico’s fiscal predicament, appears to pave the way for investment […]

Passage of PROMESA Means Bright Future Ahead for Puerto Rico Renewables

September 8, 2016

The Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) will aid Puerto Rico in restructuring its $72 billion debt, which should to ease the ability for clean power projects to receive financing. The new law enables energy and infrastructure projects to be designated as “critical” by a fiscal control board, thus moving along more […]

Saft provides lithium-ion batteries for Puerto Rican solar plant

March 18, 2016

Saft will provide energy storage for a 10 MW PV facility in Puerto Rico. The 20P lithium-ion batteries will allow the facility to store energy produced during the day, when energy demand is lower, and distribute it in the evening during peak-demand times. Saft business development manager Jim McDowall said: “In remote locations and islands, […]

Oriana Energy begins construction of 45-MW PV plant in Puerto Rico

March 7, 2016

Construction of a 45 MW solar plant in Puerto Rico began last week. Once completed, the solar farm will generate 125,000 MW annually. Led by Oriana Energy, a partnership of two US energy firms, the project will cost $160 million to complete.

The Business Case for Solar Power in the Caribbean: Bacardi HQ Running on 100% Sunshine

October 16, 2015

After contending for too long with high Caribbean electricity prices, Bacardi installed a 24.75 kW solar array on its San Juan headquarters. The array, which produces 100% of the building’s power needs, is projected to pay for itself in just five years. The installation of these panels has been one of several initiatives undertaken by […]

Are Renewables the Answer for Puerto Rico’s Energy Challenges?

July 24, 2015

Debt levels in the billions and energy rates 2.5 times that of the main-land US are only the start of Puerto Rico’s energy challenges. Could a great commitment to renewable energy be the solution? What changes would Puerto Rico’s utility, PREPA need to make in order to assist with a transition?