Maximo Solar Industries will invest $1.5 million in equipment and infrastructure for the assembly of battery cabinets and solar panels structures at its Humacao manufacturing operation, company CEO Máximo Torres confirmed.
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.
Nonprofit organizations Resilient Power Puerto Rico and Para la Naturaleza have joined forces to help expedite recovery efforts in communities still struggling with the long-term impacts of hurricanes Irma and María in Puerto Rico.