"Puerto Rico Closes $861M DOE Loan Guarantee For Huge Solar, Battery Project" [1]
"The island has ambitious climate goals and a ton of rooftop solar, but has so far built few large-scale clean energy projects. Project Marahu could change that."
"The federal government has just finalized a $861 million loan guarantee to fund what will be Puerto Rico’s largest utility-scale solar and battery storage installations.
In July, the Department of Energy’s Loan Programs Office announced a conditional commitment to finance two solar-plus-storage facilities on the southern coast of the island, plus two standalone battery energy storage systems. The solar plants combined will have 200 megawatts of solar capacity — enough to power 43,000 homes — while the battery systems are expected to provide up to 285 megawatts of storage capacity.
The installations, collectively called Project Marahu, will be led by Clean Flexible Energy LLC, an “indirect subsidiary” of the U.S. energy companies AES Corp. and TotalEnergies Holdings USA. Facilities will be located in the municipalities of Guayama and Salinas."