The Puerto Rico Planning Board announced over the weekend the approval of a pair of renewable energy projects in the municipalities of Isabela and Morovis that will continue diversifying the island’s energy sources.
Puerto Rico home and small business owners burned through $4 million in subsidies offered through the Green Energy Fund for solar energy projects Wednesday, filing a record-setting 120 applications in 21 minutes, Energy Affairs Administration Executive Director Luis Bernal said.
With an investment that exceeds $583,000, BMF Water, a Caguas-based bottling company, recently finished installing a solar power system that will allow the company to reduce its energy costs by about $50,000 annually.
Over the past year, 111 green energy projects have sprouted up islandwide representing a joint investment between the government and the private sector of some $48 million.
Some 11,200 solar heaters were installed in Puerto Rico during 2011 and 2012, following the injection of more than $20 million in American Recovery Act and Reinvestment Act funds into local product manufacturers, Resident Commissioner Pedro Pierluisi and Energy Affairs Administration Executive Director Luis Bernal said Tuesday.
Davis, CA-based Blue Oak Energy and Point 2 Structural Engineers will lead the construction of the $50 million solar projects the U.S. Coast Guard will roll out at its Borinquen Air Station in Aguadilla and the Río Bayamon Housing Center in San Juan.
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