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billion in financing to replace PuertoRicos fossil fuel plants with solar and battery storage through 2032. The DOEs Loan Programs Office announced two conditional commitments and one loan closing to power producers in PuertoRico. Each supports a project contracted with the PuertoRico Electric Power Authority.
Sponsored by the EAA and Plug In America , DEED featured events in 34 states , as well as Canada, Mexico, PuertoRico, the Virgin Islands, and the Dominican Republic. “With the pandemic, with climate change issues coming to the forefront, with a change in Administration, there’s just incredible interest in EVs right now.”
billion in NEVI funding is allocated at the state level, with all 50 states, District of Columbia and PuertoRico participating, usually through an RFP process. Additional public funding available for EV charging infrastructure projects The NEVI Program is not your only option for government funding.
Fourteen states and PuertoRico installed more than 100 MW of new solar capacity in Q3. Elevated financing costs, transformer shortages, and interconnection bottlenecks are also impacting the utility-scale segment, which saw its lowest level of new contracts signed in a quarter since 2018. Get started here. –
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