Puerto Rico

SAN JUAN, Puerto Rico (March 14, 2018) — Fairbanks Morse – an EnPro Industries company (NYSE: NPO) and leading provider of solutions that are powering the world forward – announced today that it has delivered its PoweReliability-as-a-Service platform to a Fortune 500 company in Puerto Rico. The installation provides a dual fuel combined heat and power […]

U.S. utilities continue to send workers to Puerto Rico to help restore that country’s electricity and rebuild its power infrastructure, a task that continues more than four months after back-to-back hurricanes left nearly all of the island in the dark. The Puerto Rican government this week said 83% of the island’s generation capacity has been […]

CHICAGO (Sept. 29, 2017) — In response to the devastation caused by Hurricane Maria and two earthquakes in Mexico, Exelon has donated $50,000 to the American Red Cross to assist in disaster relief areas. The largest utility by customer count, Exelon, through its operating companies, is contributing another $200,000 to organizations aiding in relief efforts. […]

This September, Puerto Rico suffered an island-wide blackout that left 1.5 million utility customers without power for more than 50 hours and reportedly resulted in multimillion-dollar losses for its already troubled economy. The blackout in the U.S. territory with a population of about 3.5 million occurred on September 21, when a blaze erupted in a […]

Puerto Rico Electric Power Authority, PREPA, Wednesday made a $415 million payment to its creditors (mostly hedge fund investors), avoiding a default and giving the troubled government-owned utility more time to work out a deal to restructure its $9 billion debt. Had the utility defaulted, according to financial experts, it could have triggered the default […]

Developers of renewable energy projects in Puerto Rico must incorporate energy storage into new installations under recently approved standards. The Puerto Rico Electric Power Authority and the island territory’s government-owned utility, Autoridad de Energía Eléctrica (AEE) on Dec. 12 released a new minimum technical requirementthat requires new grid-connected solar and wind power projects to add […]