• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Financesolar power

Department of Energy says $365 million is available to install solar and battery storage systems in Puerto Rico

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
December 13, 2024, 7:45 AM ET
Solar panels on the roof of businesses contribute to the microgrid local power network in Castaner, Puerto Rico, on Nov. 14, 2022.
Solar panels on the roof of businesses contribute to the microgrid local power network in Castaner, Puerto Rico, on Nov. 14, 2022.Alejandro Granadillo—Bloomberg via Getty Images

The U.S. Department of Energy said Thursday that $365 million is available to install solar and battery storage systems in homes and healthcare centers across Puerto Rico.

Recommended Video

Up to $190 million is available to Puerto Rico’s Housing Administration and a private company to pay for solar and battery installations in public housing common areas and subsidized, multifamily housing properties. Another $175 million is available for certain healthcare and dialysis centers.

In recent years, the U.S. Government has announced millions of dollars for other projects including solar farms and the installation of solar panels on low-income homes in Puerto Rico.

The announcement comes as the U.S. Territory continues to struggle with chronic power outages that have worsened since Hurricane Maria pummeled the island as a powerful Category 4 storm in 2017, razing the electric grid. The outages also are blamed on a lack of maintenance and investment in its electric grid for decades.

In addition, Puerto Rico’s Electric Power Authority is still struggling to restructure more than $9 billion in debt — the largest of any public agency on the island — nearly a decade after the government announced it was unable to pay its more than $70 billion debt load.

Coins2Day Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Coins2Day Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
About the Author
By The Associated Press
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.