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 its reliance on fossil fuels. This initiative includes a $585 million loan guarantee for a 100-megawatt solar panel system, promoting sustainable energy solutions and grid resilience. By investing in renewable energy, Puerto Rico can mitigate climate change impacts and transition towards a cleaner energy future, leveraging solar power and energy efficiency measures to drive economic growth and environmental sustainability.