AES, Total JV wins DOE loan guarantee for solar-storage in Puerto Rico
- Admin
- Jul 21, 2024
- 1 min read
A joint venture between AES Corp and TotalEnergies has obtained a conditional commitment from the US Department of Energy for a loan guarantee of up to USD 861.3 million to fund the construction of solar parks and battery storage plants in Puerto Rico, specifically in Guayama and Salinas. The project aims to add 200 MW of solar power generation and up to 285 MW/1,140 MWh of standalone battery energy storage capacity to improve Puerto Rico's energy resilience and affordability, aligning with its goal of achieving 100% clean energy resources by 2050.
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