BN Americas
Summary
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced that Puerto Rico will receive over $7.4 million through the Grid Resilience State and Tribal Formula Grants. Supported by the Bipartisan Infrastructure Law and administered by DOE’s Grid Deployment Office, this grant will help modernize Puerto Rico’s electric grid to reduce impacts of climate-driven extreme weather and natural disasters while also enhancing power sector reliability. This investment – which is on top of the $1 billion Puerto Rico Energy Resilience Fund announced in February – will improve Puerto Rican communities’ access to affordable, reliable, clean electricity while helping deliver on the President’s ambitious clean energy goals.
" Access to reliable, affordable energy is akin to a basic right, and for too long Puerto Ricans have borne the burden of an unreliable grid," said U.S. Secretary of Energy Jennifer M. Granholm. "Thanks to President Biden’s Investing in America agenda, more funding is coming to Puerto Rico to help modernize its electric infrastructure and enhance energy resiliency all while creating good paying jobs in support of the Commonwealth’s goal of 100% renewable energy."
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