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Puerto Rico

  • Sonnedix Solar

    Solar producer secures $15-million financing for PV plants in Puerto Rico

    January 15, 2020

    Solar power producer Sonnedix recently closed on US$15 million in financing for solar photovoltaic plants in Puerto Rico. City National Bank, based in Florida, acted as the lender. Sonnedix has been operating in Puerto Rico since 2015 and currently has two operational solar PV plants on the island, with 50MW of solar power capacity in […]

  • Q&A: Quakes pose a new threat to Puerto Rico’s grid, but PREPA expects power to be restored to all customers in days

    From our Editorial Team

    January 10, 2020

    At least 45 earthquakes shook Puerto Rico over several days in early January, leaving behind collapsed buildings and a crippled electric grid. As of publication, approximately two-thirds of the island’s 3.2 million customers remain in the dark. The temblors severely damaged Guayanilla Power Plant in the southern region, which generated more than a quarter of […]

  • Puerto Rico earthquakes cause widespread devastation and power loss

    January 9, 2020

    A series of earthquakes across Puerto Rico deal another blow for the already fragile power system. As of Jan 9, about 2/3 of Puerto Rico is without power, and officials say the impact from the earthquakes have caused wider devastation than Hurricane Maria. In the case of generation, one power plant has suffered sufficient damage […]

  • 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 […]

  • Post-hurricane power restoration

    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 […]

  • Strong presence for U.S. Islands at CREF 2019

    August 22, 2019

    We’re pleased to report a strong presence from Hawaii, the USVI and Puerto Rico at CREF 2019. Hawaii will be represented by the Honolulu Office of Climate Change, Sustainability & Resiliency; Puerto Rico will be represented, amongst other leadership, by PREPA, the national power utility; and the USVI will be represented by the Energy Office […]

  • 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 […]

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