Generac Power Systems, Inc., has announced the company has been selected by the U.S. Department of Energy (DOE) as one of several qualified vendors to enter award negotiations as part of an up to $440 million investment from the Puerto Rico Energy Resilience Fund. This funding will support residential solar and battery storage systems for up to 40,000 vulnerable Puerto Rican households with installations to potentially start in the spring of 2024.
This announcement marks a critical milestone in providing reliable electricity to Puerto Rico's most vulnerable residents and the first round of selections from the 2023 PR-ERF Funding Opportunity Announcement. The project will deploy rooftop solar PV and battery storage systems to the homes of eligible residents to both help increase their energy resilience and decrease their energy burden. Generac and its project partners in Puerto Rico will help provide clean energy to vulnerable low-income households including those in areas where an individual with an energy-dependent disability resides or those located in low-income areas that experience frequent and prolonged power outages. These installations can help improve household energy resilience for thousands of residents. This funding will also support clean energy jobs and help Puerto Rico achieve its renewable energy goals.
