US Invests $1.2 Billion in Puerto Rico's Renewable Energy Future
2025-01-17
The Associated Press - Business News on MSN.com
The US Department of Energy has allocated $1.2 billion to support renewable energy projects in Puerto Rico, aiming to reduce the island's reliance on fossil fuels. This initiative includes a $585 million loan guarantee for a 100-megawatt solar panel system in four cities, including Ponce. This significant investment will boost Puerto Rico's transition to clean energy, promoting energy independence and sustainability. By leveraging renewable energy sources, the island can mitigate climate change and ensure a greener future. With this funding, Puerto Rico is poised to become a leader in renewable energy, driving economic growth and environmental stewardship through solar energy and sustainable practices.
