Over the past three years, Sunnova has worked diligently to provide clean, affordable energy to its customers in Puerto Rico.
In the wake of the biggest blackout Puerto Rico has experienced in more than three decades, which has affected more than 1.5 million customers, members of the island’s private sector urged the powers-that-be to push forward with a complete overhaul of the electrical system.
Moody’s Investors Service said Monday the new surcharge on customers’ electricity bills approved last week by the Puerto Rico Energy Commission to be used to pay debt service on new securitization bonds to be issued as part of the Puerto Rico Electric Power Authority’s debt restructuring is positive for creditors.
The U.S. Department of Agriculture announced Thursday the new Rural Energy Savings Program (RESP) program that that will help rural residents conserve energy and save money on their utility bills.
The Board of Directors of the Federation of Industrial Chambers and Associations of Central America, Dominican Republic and Puerto Rico recently made a joint call for governments of the region’s countries to work effectively to reduce energy costs, promote the strengthening of the industrial sector and achieve regional integration.
The U.S. Department of Agriculture announced Thursday the availability of for loans and grants to support renewable energy and energy efficiency projects, ideal for rural small businesses, agency Under Secretary Lisa Mensah said.
As a part of the Obama administration’s effort to support greater energy efficiency through the “Battle of the Buildings Challenge,” the Environmental Protection Agency recently granted Business Efficiency Consulting Services the rights to host a regional energy-savings competition in Puerto Rico.
The Senate approved Monday Bill 1256, which proposes overhauling energy subsidies and obliges the government to pay its debts to the Puerto Rico Electric Power Authority.
Greenbriar Capital Corp. announced Monday its partnership with Atherton Pacific Green of Newport Beach California for engineering, procurement, and construction of the 100 MW "Smart Grid" Montalva Photovoltaic Solar Project in Puerto Rico.
To effectively compete in global markets, Puerto Rico should significantly reduce energy costs and “work in unity of purpose with one voice” to ensure special tax treatment to stateside companies established on the island, said Puerto Rico Manufacturing Association President Carlos Rivera-Vélez during a recent trip to Washington, D.C.
Puerto Rican food distributor Ballester Hermanos is looking to slash electricity costs with solar electric system through a partnership with Yarotek, a Miami-based solar developer and independent power producer, and solar and energy solutions provider REC Solar, on an 874 kilowatt rooftop solar system.
U.S. Agriculture Secretary Tom Vilsack announced Tuesday that rural agricultural producers and small business owners across the mainland and Puerto Rico can now apply for resources to purchase and install renewable energy systems or make energy efficiency improvements.
Puma Energy, the global integrated midstream and downstream energy company, has commissioned ‘The Changing Face of Latin America,” the latest study in a series of in-depth reports in collaboration with independent economic advisory firm Llewellyn Consulting.
About 32 percent of Puerto Rico Electric Power Authority customers receive some sort of a subsidy on their monthly bills, which is floated by those who pay the full rate.
The island’s electricity costs — significantly high in comparison to most competitive economies — could be solved by making a series of difficult choices to fix the Puerto Rico Electric Power Authority’s escalating problems and take advantage of a new energy order that is driving down prices around the globe.
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