The United States government has announced a new funding package to support residential solar and storage projects in Puerto Rico, which will be followed by energy resilience solutions such as microgrids, community solar, and grid modernization.
The US Department of Energy’s Grid Deployment Office issued a request for information (RFI) to collect input from Puerto Rican stakeholders on how to distribute $1 billion administered by the Puerto Rico Energy Resilience Fund (PR-ERF) in Feb.
Due to the hurricanes and decades of underinvestment in the island’s electric infrastructure, new funds will be created to increase energy resilience and reduce the energy burden on vulnerable Caribbean island residents. The investment is also consistent with Puerto Rico’s public energy policy, which aims to achieve 100% renewable energy by 2050, as well as the US government’s dedication to improving the island’s energy system.
Following Hurricane Fiona in October 2022, President Joe Biden visited the island and committed to leveraging government agencies’ technical assistance to support improvements to Puerto Rico’s electric grid. In December, Biden signed into law the 2023 Consolidated Appropriations Act, which contains $1 billion for PR-ERF funding to drive key investments in renewable and resilient energy infrastructure in Puerto Rico.
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