US Invests $1.2 Billion in Puerto Rico's Renewable Energy Future
2025-01-17
MSN
The US Department of Energy has announced a significant investment of $1.2 billion to support renewable energy projects in Puerto Rico, aiming to reduce the island's reliance on fossil fuels. This funding includes a $585 million loan guarantee for a 100-megawatt solar panel system, promoting sustainable energy solutions and energy independence. By transitioning to renewable energy sources, Puerto Rico can mitigate climate change and ensure a cleaner environment. This initiative is expected to boost the local economy and create jobs in the renewable energy sector, driving growth and development. Key initiatives like solar energy and energy storage will play a crucial role in this transformation.
