Ford Puerto Rico grants $40K to 4 winning environmental projects
October 8, 2021
Ford Puerto Rico announced the winners of the 20th anniversary edition of its Ford Environmental Grants program, which granted $40,000 to four winning projects. This year, the program focused on projects that explicitly contribute to the Sustainable Development Goals identified by the United Nations to improve the lives of everyone in the world, the company […]
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PASH, Oriental close on $15M financing for solar energy project at Puma gas stations
August 19, 2021
PASH Global (PASH) and Oriental Bank in Puerto Rico have closed on a $15 million financing for a joint venture between PASH and PUMA Energy that will enable 200 PUMA gas stations in Puerto Rico to produce and consume solar energy. This project is the first of its kind and scale on the island, the […]
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Blue Economy activity could generate $82M annually for Puerto Rico, experts say
August 6, 2021
Puerto Rico and the US Virgin Islands have a “unique opportunity” to lead eco-responsible business innovations in the international market, as well as export services, technology, products, and knowledge in Blue Economy solutions that could translate into $82 million annually for Puerto Rico. How to achieve it was the main theme of the Bluetide Caribbean […]
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Porsche forum: Puerto Rico on track to become ‘smart, sustainable’ island
June 24, 2021
During the most recent Porsche NEXT: Digital Innovation Forum, panelists concluded that Puerto Rico is “on the right track” to becoming a smart island that integrates renewable energy, sustainable architecture, electric vehicles, and environmentally friendly infrastructure. To fully achieve this objective, Puerto Rico must have a smart electrification network, have greater access to internet with […]
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Puerto Rico community opts for solar-plus-storage resiliency solution
June 7, 2021
[COMMENTARY] The poor condition of Puerto Rico’s electric grid is common knowledge. After Hurricane María struck in 2017, many communities lost power for months. This long outage led to almost 3,000 deaths and an exodus of residents. Still recuperating from the aftermath of María, the southern part of the island was hit by a major […]
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EPA grants $900K to 3 Puerto Rico towns for Brownfields Cleanup and assessment
May 19, 2021
The US Environmental Protection Agency (EPA) announced that three municipalities in Puerto Rico have been selected to receive a total of $900,000 to assess and clean up contaminated properties under the agency’s Brownfields Program. The towns of Barranquitas, Guaynabo and Vega Alta will equally split the money assigned to Puerto Rico. Nationwide, 151 communities will […]
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FEMA awards $6.2M+ to Puerto Rico ecotourism hotspots
April 23, 2021
Environmental protection allows the population to enjoy nature, while contributing to their well-being and also indirectly promotes the creation of small business in the ecotourism industry. This positive cascade effect is how Federal Disaster Recovery Coordinator for Puerto Rico and the U.S. Virgin Islands, José Baquero Tirado, described the recent $6.2 million obligation to the Department of […]
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Earth Day ’21 marked by cross-sector effort to better Puerto Rico, the planet
April 22, 2021
Today, as the world observes the annual Earth Day celebration — under the “Restore Our Earth” motto — a cross-sector of industries have stepped forward to show their commitment to a better Puerto Rico and planet. Restoring the planet encompasses ongoing individual and collective efforts to achieve results in the short-, middle-, and long-term. It […]
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IFCO Recycling Inc. to build new $9M regional recycling plant in Ponce
March 26, 2021
IFCO Recycling Inc., a firm based in Ponce, has identified a warehouse in the southern town’s port zone in which it will invest $9 million to establish an operation to segregate and handle recyclable materials. The 80,000 square foot facility should be operating at full capacity within 18 to 24 months, Jean Paul González, the […]
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Agaia Latin America looks to expand footprint of its Evolve eco-friendly cleaning products
March 16, 2021
Following a $5 million investment over the past five years, Agaia Latin America — makers of the biodegradable cleaning product line Evolve — is expanding operations to other countries, including the Dominican Republic and onto platforms like Amazon. The Evolve cleaning products, which are touted as being “people, planet and pet safe” are manufactured in […]
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Survey: Puerto Rico gov’t needs to work closer with banking sector to boost growth
December 11, 2020
Puerto Rico’s banking sector, which is likely the most impactful sector of the economy, could use greater collaboration from the government to boost individual and commercial services, while reducing expenses for the public sector. Furthermore, the government could also move quicker toward stimulating the use of local banks to manage its liquidity and urge the […]
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Puerto Rico to become ‘central axis’ of Caribbean blue economy plan
December 10, 2020
Looking to promote the development of the so-called “blue economy” in Puerto Rico and the U.S. Caribbean, nonprofit organization, Bluetide Puerto Rico (BTPR) recently signed a contract to design a strategic plan that will make Puerto Rico the central axis on this matter in the Caribbean. “Blue economy” is a term in economics relating to the exploitation and […]
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Ford Environmental Grants program assigns $40K to 4 projects in Puerto Rico
December 10, 2020
In a special 2020 edition, the Ford Environmental Grants program assigned $40,000 among four winning projects in Puerto Rico, as part of its goal of empowering communities toward a more sustainable future by encouraging the proliferation of collective efforts to achieve a better planet. Due to the COVID-19 pandemic, this year the program opened a […]
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Weatherization Assistance Program opens for Puerto Rico applicants
October 14, 2020
The U.S. Department of Energy’s Weatherization Assistance Program has opened an application round for Puerto Rico homeowners looking to qualify for lower energy bills by installing efficient equipment. The program is overseen locally by the Department of Economic Development and Commerce’s Energy Public Policy Program. “We urge citizens who meet the established requirements to request […]
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Gov’t extends deadline to submit RFQ for PROtech project in Yabucoa
July 14, 2020
The Department of Economic Development and Commerce announced it has extended the deadline for companies interested in the development of the PROtech project in Yabucoa to submit their Requests for Qualifications. “After announcing last week the start of the process to receive Requests for Qualification applications for PROtech’s conceptual development, we decided to extend the […]
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