Tag Archives: Puerto Rico

Biden-Harris Administration Announces Loan Guarantee of More Than $860 Million to Support Construction of Photovoltaic and Battery Storage Systems in Puerto Rico

As part of the Biden-Harris administration’s Investing in America agenda, the U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), announced a $861.3 million loan guarantee to finance the construction of two solar photovoltaic (PV) farms equipped with battery storage and two standalone battery energy storage systems (BESS) in Puerto Rico. The facilities … Continue reading Biden-Harris Administration Announces Loan Guarantee of More Than $860 Million to Support Construction of Photovoltaic and Battery Storage Systems in Puerto Rico

Continue reading

DOE Announces Intent to Fund Solar Photovoltaic and Battery Storage for Community Healthcare Facilities and Multi-Family Housing Serving Low-and-Moderate-Income Communities in Puerto Rico

Today, the U.S. Department of Energy (DOE) announced its intent to issue a $325 million funding opportunity for the new Programa de Comunidades Resilientes, funded by DOE’s Puerto Rico Energy Resilience Fund (PR-ERF). This new program aims to improve community-level energy resilience for vulnerable populations across Puerto Rico, funding solar and battery storage installations for … Continue reading DOE Announces Intent to Fund Solar Photovoltaic and Battery Storage for Community Healthcare Facilities and Multi-Family Housing Serving Low-and-Moderate-Income Communities in Puerto Rico

Continue reading

Distributed solar photovoltaic and storage: a beacon of security and hope

In early March, a group of Wood Mackenzie volunteers spent several days in central Puerto Rico through a partnership with non-profit organisation Let’s Share the Sun. The partnership ties in directly with our internal Thrive programme, which creates a positive impact on employees and the broader community through its four pillars: community engagement, wellness, sustainability, … Continue reading Distributed solar photovoltaic and storage: a beacon of security and hope

Continue reading

AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)

This new award in Puerto Rico is in addition to the plants executed by AES in the Dominican Republic, strengthening the alliance with the American energy company, which has a strong presence in the Caribbean region. The MARAHU project consists of two photovoltaic plants located in the south of Puerto Rico. The first facility will … Continue reading AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)

Continue reading

Renewables can help Puerto Rico keep its lights on

Myths about renewables shouldn’t stop Puerto Rico from using them to make its grid more resilient in future weather disasters, because the world has changed– they’re reliable and save money now. That’s the gist of a recent “design charette,” a group planning event convened over the past two months by the Rocky Mountain Institute (RMI) … Continue reading Renewables can help Puerto Rico keep its lights on

Continue reading

Puerto Rico Sets Goal for 25% of Energy to Come from Renewables

Puerto Rico Gov. Ricardo Rossello announced on Monday his intention for the island to “take the plunge” and generate between 20-25 percent of its electricity from renewable energy. The governor made the announcement at a joint press conference with the island’s non-voting representative in the US Congress, Jennifer Gonzalez, upon the visit of a delegation … Continue reading Puerto Rico Sets Goal for 25% of Energy to Come from Renewables

Continue reading

Hurricane update: Small-scale wind to aid Puerto Rico

Much of Puerto Rico remains in the dark after Hurricane Maria, which destroyed most of the island’s electric grid. Now, in an effort to get the lights back on, the Distributed Wind Energy Association (DWEA) is organizing an effort to send microgrids and small-scale wind turbines to the island. “U.S. manufacturers, financiers, and system integrators … Continue reading Hurricane update: Small-scale wind to aid Puerto Rico

Continue reading

How wind power can help Puerto Rico’s debt crisis

Puerto Rico recently announced that it cannot pay its debt, which the island has accumulated in part due to its heavy reliance on expensive, imported petroleum for electricity. According to CNN Money, “At the center of Puerto Rico’s debt problems is PREPA, the island’s energy subsidiary.” The utility must soon make a $400 million debt … Continue reading How wind power can help Puerto Rico’s debt crisis

Continue reading

Bacardi in Puerto Rico announces powered by the Wind Power

BACARDI, creator of the world’s favorite rum, generates energy with power from the wind. Installed in 2010, two majestic, wind turbines now are a distinct part of the landscape – and the environmental consciousness – at the world’s largest premium rum distillery in Catano, Puerto Rico, just outside San Juan. “The wind turbine project is … Continue reading Bacardi in Puerto Rico announces powered by the Wind Power

Continue reading

Gestamp Solar inaugurates a photovoltaic plant in Puerto Rico

Gestamp Solar, the photovoltaic energy division of Gestamp Renewables (Corporación Gestamp), opened a photovoltaic plant in Puerto Rico’s Conventions Center on December the 27th.   This installation has 5 MW power, composed of over 17.000 solar panels installed over parking spaces at both sides of the Center, and another 2.000 located over the Center’s ceiling. … Continue reading Gestamp Solar inaugurates a photovoltaic plant in Puerto Rico

Continue reading

Gestamp Wind starts the operation of a new wind farm in Nabugo (Puerto Rico)

Gestamp Wind, the wind energy division of Gestamp Renewables has started the commercial operation of the wind farm Puerto Lima, in Naguabo, Puerto Rico. The wind farm is composed by 13 turbines with Vestas Technology of 1,8 Mw each, summing up 23,4 Megawatts of nominal installed power. This new Gestamp wind, wind farm supposes an … Continue reading Gestamp Wind starts the operation of a new wind farm in Nabugo (Puerto Rico)

Continue reading

CohnReznick and Reznick Capital Markets Close Punta Lima Wind Farm Sale

23.4 MW wind farm deal highlights integrated approach for CohnReznick’s national renewable energy practice and Reznick Capital Markets Securities A multi-disciplinary renewable energy team from CohnReznick LLP (CR), along with key members of Reznick Capital Markets Securities (RCMS), announced the closing of an $88 million sale and leaseback transaction of the 23.4 megawatt Punta Lima … Continue reading CohnReznick and Reznick Capital Markets Close Punta Lima Wind Farm Sale

Continue reading

Pattern Energy begins operations at first commercial wind energy project in Puerto Rico

Pattern Energy’s Finca de Viento Santa Isabel (FVSI) wind farm began producing clean energy, as Puerto Rico Governor Luis G. Fortuno officially started operations at the first commercial-scale wind power project in Puerto Rico, and largest in the Caribbean. Fortuno also announced that, thanks to a recent agreement between Pattern and the Puerto Rico Electric … Continue reading Pattern Energy begins operations at first commercial wind energy project in Puerto Rico

Continue reading

Pattern Energy Starts Puerto Rico Wind Farm

Pattern Energy Group LP, a closely held U.S. renewable-energy developer, has started producing electricity at a wind farm in Puerto Rico and agreed to sell more of its output to a local utility. Pattern will sell power from 95 megawatts of installed capacity to the Puerto Rico Electric Power Authority, up from a previous agreement … Continue reading Pattern Energy Starts Puerto Rico Wind Farm

Continue reading

24 MW Solar Photovoltaic Power Plant in Puerto Rico

AES Solar and Met Life Announce the Financing and Start of Construction of its Ilumina Project – a 24 MW Solar Photovoltaic Power Plant in Puerto Rico –The First Utility Scale Solar Project on the Island. AES Solar, a joint venture between The AES Corporation (NYSE: AES) and Riverstone Holdings LLC, announced today that one … Continue reading 24 MW Solar Photovoltaic Power Plant in Puerto Rico

Continue reading

Altairnano Selected for Puerto Rico 26 MW San Fermin Solar Power Project

Altairnano will provide a 2 megawatt (MW) ALTI-ESS Advantage advanced energy storage system to provide frequency regulation and ramp-rate control. The system will satisfy the technical requirements established by the Puerto Rico Electric Power Authority (PREPA). Altairnano will deliver, install and commission the system before Dec. 31, 2012. Altair Nanotechnologies Inc. (Altairnano) (NASDAQ: ALTI) today … Continue reading Altairnano Selected for Puerto Rico 26 MW San Fermin Solar Power Project

Continue reading

Canadian Solar Expands into Puerto Rico with Planned 26 MW Solar Power Plant

The solar power system is expected to be completed and connected to the national grid in December 2012, making it the first photovoltaic project in Puerto Rico to meet the technical requirements of the Puerto Rico Electric Power Authority (PREPA) by enabling both active and reactive power regulation. Moreover, the electrical frequency will be adjustable … Continue reading Canadian Solar Expands into Puerto Rico with Planned 26 MW Solar Power Plant

Continue reading

Gestamp inaugurates wind farm in Puerto Rico

Gestamp has constructed wind farms with total generating capacity of 460 MW in a number of countries, including Spain, Brazil and the United States, among others. Spain’s Gestamp Wind has inaugurated the $82 million Punta Lima wind farm in Naguabo, a city on Puerto Rico’s east coast, company executives said. The wind farm will start providing … Continue reading Gestamp inaugurates wind farm in Puerto Rico

Continue reading