U.S. Energy Department Announces $861 Million Loan Guarantee for Solar, Battery Projects in Puerto Rico
The U.S. Energy Department on Oct. 15 announced a $861.3 million loan guarantee to build two solar-plus-storage facilities and two standalone battery storage systems in Puerto Rico. These facilities, collectively called Project Marahu, would add up to 200 megawatts (MW) of solar PV capacity and 285 MW of battery energy capacity to the island’s grid…....