Puerto Rico to Receive $1.2 Billion Boost for Renewable Energy Projects
2025-01-17
The Associated Press - Business News on MSN.com
The US Department of Energy has allocated $1.2 billion in federal funds to support the development of renewable energy projects in Puerto Rico, aiming to reduce the island's reliance on fossil fuels and promote sustainable energy solutions. This significant investment is expected to drive growth in the clean energy sector, creating new opportunities for renewable energy companies and contributing to a more environmentally friendly future. By transitioning to renewable energy sources, Puerto Rico can mitigate climate change and improve energy security, making it an attractive model for other regions to follow, leveraging solar energy, wind power, and other green technologies.