Despite the existence of several adverse factors that affect the price of renewable energy production in Puerto Rico, the amount per kilowatt-hour is considerably lower today than what it costs the Puerto Rico Electric Power Authority to produce energy from fossil sources, the head of the Association of Renewable Energy Producers said Wednesday.
Faced with the constant demand by consumers wanting relief in soaring energy costs and the government's efforts to try to meet those expectations, the Association of Renewable Energy Producers went public Monday with a mission to help stabilize and reduce the price of energy in Puerto Rico.
Green Energy Renewable Solutions Inc. announced Thursday it has decision to step back from the proposed $100 million landfill and renewable energy project it planned to build in Yabucoa, along Puerto Rico’s southeastern flank, due to lack of funding.
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