Where will solar panels be made in Puerto Rico?

Aguadilla, Puerto Rico – Great Lakes Solx PR, LLC (“Solx”), a minority-owned solar panel manufacturing company, has announced plans to establish the first solar panel manufacturing facility in Puerto Rico. The company will operate from the 65-acre Hewlett Packard (HP) Campus in Aguadilla, with commercial operations expected to begin in April 2025.

Will Puerto Rico's solar energy projects boost energy security?

By Timothy Gardner WASHINGTON (Reuters) - The U.S. Energy Department said on Thursday it is offering a conditional loan guarantee of up to $861 million for two utility-scale solar-energy projects in Puerto Rico that are expected to boost energy security after recent hurricanes severely damaged the U.S. territory's grid.

Is Puerto Rico a leader in solar energy adoption?

Puerto Rico is recognized as a leader in solar energy adoption, driven by the ambitious goals outlined in the Puerto Rico Energy Public Policy Act (Act 17-2019) and the U.S. Department’s significant investments under the Inflation Reduction Act since its enactment.

How much money does Puerto Rico have to pay for solar?

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.

Does Puerto Rico have a solar energy Resilience Fund?

Besides financing aid, the Energy Department also has a $1-billion Puerto Rico Energy Resilience Fund that President Joe Biden signed into law in late 2022 to supply rooftop solar panels to the territory.

Why should Puerto Rico invest in solx solar?

The Solx facility will play a pivotal role in helping Puerto Rico achieve these targets, producing up to 1.2 gigawatts of solar panels annually to support local projects and broader markets across the mainland United States.