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Home - Energy Storage - Puerto Rico receives US DOE loans to increase battery storage to 1 GWh – SPE
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Puerto Rico receives US DOE loans to increase battery storage to 1 GWh – SPE

solarenergyBy solarenergyJanuary 6, 2025No Comments1 Min Read
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The U.S. Department of Energy (DOE) will provide more than half a billion dollars in loans to add nearly 1 GWh of Convergent to build and operate utility-scale solar-plus-storage in Puerto Rico, increasing the country’s resilience electricity grid is improved.

January 6, 2025
Tristan Rayner

By ESS news

Puerto Rico’s fragile electric grid has received a boost, with the U.S. Department of Energy (DOE) offering more than half a billion dollars through the Loan Programs Office (LPO) under certain conditions to support solar, storage and to build. storage on the island

Puerto Rico suffered a major power outage in the U.S. territory on New Year’s Eve, with a preliminary investigation by Luma Energy, the private company that oversees power transmission and distribution, pointing to a subway line outage at a southern location.

To read further, visit our ESS news website.

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See also  Masdar buys out Greece's Terna Energy in €3.2 billion deal – SPE
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