The three projects went through the required evaluation process, as specified in the Public-Private Partnerships Act.
The Institute for Energy Economics and Financial Analysis is urging the Financial Oversight and Management Board for Puerto Rico to halt the rush to natural gas infrastructure development in Puerto Rico.
The report leaves out any mention of how the underwriters, bond trustees, law and accounting firms, credit agencies and other financial advisers were selected and compensated by the Puerto Rico government.
The four projects are the transformation of the maritime transportation system; water meter optimization system; energy storage; and student life.
Breaking from following the usual pattern of filing a bill, then holding public hearings, Committee Chairman Larry Seilhamer and Sen. Eduardo Bhatia heard expert recommendations to then submit the draft regulatory framework.
Puerto Rico has a historic opportunity to rebuild its electrical system and phase out its obsolete oil-fired generation in favor of a much more decentralized and reliable system based on renewable energy.
A series of announcements over the past couple of weeks by Puerto Rican officials signals a new — and misguided — push for greater reliance on imported natural gas for electricity production.
A long-running practice in which Puerto Rico’s public utility bought low-quality oil at high-quality prices has been mostly ignored in Gov. Ricardo Rosselló’s privatization of the Puerto Rico Electric Power Authority (PREPA), the Institute for Energy Economics and Financial Analysis claimed.
As part of the effort to develop and promote best practices for greater energy efficiency in Puerto Rico, the Puerto Rico Energy Efficiency and Sustainability Alliance recently held its third annual energy savings and sustainability competition, the "Battle of the Buildings Puerto Rico — 2017 Edition.”
Puerto Rico Resident Commissioner Jenniffer González grilled Puerto Rico Electric Power Authority Executive Director Walter Higgins and his staff on progress to restore 100 percent of the island’s electricity and on the system’s reliability.
The Roosevelt Roads Redevelopment Authority has opened a call for proposals to develop a renewable energy micro grid for power generation and distribution at the former Roosevelt Roads naval base in Ceiba.
OutBack Power Technologies, Inc., a distributor of battery based renewable energy systems, announced that its Energy Express mobile training van will be embarking on a two-week tour of Puerto Rico, May 7-18.
In shelving its review of the economic viability of a proposed natural gas import complex off the south coast of the island, the Puerto Rico Energy Commission last week took a policy step in the right direction.
The Billions in Change Foundation has launched Energize-Mobilize: Puerto Rico, a campaign to bring mobile electricity to Puerto Rico through both cash contributions and in-kind donations of portable energy devices.
Maximo Solar Industries, which specializes in the development of solar energy projects and in selling major brands of solar storage batteries in Puerto Rico and Florida, became the first company to receive funding from the new Popular Mezzanine Fund.
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