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Puerto Rico Electric Power Authority signs PPA for solar + storage system with Convergent Energy + Power

July 20, 2022
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Puerto Rico Electric Power Authority signs PPA for solar + storage system with Convergent Energy + Power
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By SB Employees July 20, 2022

The Puerto Rico Electrical Energy Authority (PREPA) entered into an influence buy settlement with Convergent Energy + Power for a 100 MW photo voltaic era challenge paired with a 55 MW battery to be situated in Coamo, Puerto Rico.

The photo voltaic + storage system can be owned and operated by Convergent’s Puerto Rico subsidiary, Convergent Coamo. The system is presently anticipated to return on-line in 2024 and is an element of a bigger plan to speed up Puerto Rico’s strategic clear vitality transition.

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Coamo is a city within the south-central area of the island. Convergent’s deliberate large-scale photo voltaic + 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 carefully 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 achieve 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 companion Ashford Renewable, and PREPA.”

Puerto Rico has bold renewable vitality objectives, which might help the island mitigate the results of maximum climate occasions exacerbated by local weather change and an getting old, battered electrical grid. Hurricanes Maria and Irma have been notably devastating, damaging 80% of Puerto Rico’s electrical grid.

See also  Nine-site community solar portfolio constructed throughout City of White Plains

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 assets: photo voltaic and wind.

Tags: Convergent Power, utility-scale

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