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.
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.
A feasibility study commissioned by the U.S. Virgin Islands’ Water and Power Authority confirmed that connecting the territory with Puerto Rico’s and the British Virgin Islands is viable and could help the neighboring islands save money and provide better services.