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The loan guarantee is intended to finance a Convergent Energy and Power solar system with integrated battery energy storage and three stand-alone energy storage projects across Puerto Rico.
The Singapore-headquartered company has faced product detainment by U.S. Customs and has announced plans to focus solely on the U.S. market.
U.S. Customs and Border Protection blocked Maxeon products despite “having provided clear and objective evidence” of a compliant supply chain.
Solar and battery manufacturers as well as non-profits filed a bill stating that the net metering policy was legally enacted and is crucial for the ability of Puerto Ricans to keep the lights on.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Lawsuits, an imminent threat to net metering, and questions over commitments to the energy transition in some quarters pose real challenges for solar in Puerto Rico. Despite this, the US territory is still a high flyer in the region when it comes to distributed generation, while larger-scale solar and storage are on course to benefit from a US Department of Energy (DoE) loan guarantee.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
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