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prima:PREPA receives a single bid in the fourth round of renewable energy project tenders

The trend of few competitive proposals was again reflected in the process overseen by a contractor appointed by the Energy Bureau

December 28, 2024 - 7:11 PM

Puerto Rico is still hovering around 5% of generation from renewable sources, despite the 40% target set for next year. (Carlos Giusti/Staff)

The fourth round of bidding for large-scale renewable energy projects, a competitive process overseen by the Puerto Rico Energy Bureau (PREB), resulted in only one formal bid, corresponding to a proposal for 50 megawatts (MW) of storage batteries, substantially below the targets established for this stage.

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