Convergent Power + Energy introduced that its Puerto Rico subsidiary has entered into an influence buy and working settlement with the Puerto Rico Electrical Energy Authority (PREPA) for a 100-MW photo voltaic era mission paired with a 55-MW battery to be positioned in Coamo, Puerto Rico, a city within the south-central area of the island. The photo voltaic + storage system will likely be owned and operated by Convergent’s Puerto Rico subsidiary, Convergent Coamo. Topic to satisfaction of customary circumstances, the system is presently anticipated to come back on-line in 2024 and is a component of a bigger plan to speed up Puerto Rico’s strategic clear vitality transition.
Puerto Rico has bold renewable vitality objectives, which may also help the island mitigate the implications of utmost climate occasions exacerbated by local weather change and an getting older, battered electrical grid; Hurricanes Maria and Irma had been significantly devastating, damaging 80% of Puerto Rico’s electrical grid. The island has responded to those challenges by setting an bold purpose of reaching 40% renewable vitality by 2025 and 100% renewable vitality by 2050, counting on its most considerable sources: photo voltaic and wind.
Convergent’s large-scale solar-plus-storage system is among the many first awarded by PREPA in response to its multi-tranche solicitation effort to modernize Puerto Rico’s electrical grid. Partnering with PREPA, Convergent will work intently with native stakeholders to extend the reliability of electrical energy for Puerto Ricans whereas supporting the commonwealth’s renewable vitality objectives.
“Puerto Rico has commendable renewable vitality objectives and is taking concrete steps to succeed in them. Convergent Power + Energy is able to assist Puerto Rico deploy extra photo voltaic vitality, accelerating the clear vitality transition,” stated Johannes Rittershausen, Convergent’s CEO. “We’re thrilled to assist carry cleaner, extra dependable energy to Puerto Rico with the assistance of our native associate Ashford Renewable, and PREPA.”
Information merchandise from Convergent Power