Convergent success 100-MW solar-plus-storage project in Puerto Rico

• A Puerto Rico-based subsidiary of Convergent Power + Power has actually signed a power purchase and also operating contract with the regional electrical utility in connection with a 100-MW solar-plus-storage project in the south-central area of the island.

Specifically, Convergent Coamo will own and run a facility in the town of Coamo comprising the solar park hooked to a 55-MW battery storage plant. The system is anticipated to end up being operational in 2024.

The project was granted in the initial tranche of Puerto Rico Electric Power Authority's (PREPA) multi-tranche strategy to modernise Puerto Rico's grid.

The island has set an objective to achieve a renewable energy share of 40% by 2025 as well as 100% by 2050, counting on solar as well as wind.