Vol. 39 - January 2023 | ©2023 by Vidal, Nieves & Bauzá, LLC. All rights reserved. On January 10th, 2023, Puerto Rico’s governor signed Act 5 of 2023. This new law amends Puerto Rico ́s Incentives Code and intends to promote the growth and development of green energy and renewable energy resources on the island by expanding the eligible activities related to such. Specifically, to include energy storage as an eligible activity. The new law defines “energy storage” as an inter

Vol. 33 - February 2021 | ©2021 by Vidal, Nieves & Bauzá, LLC. All rights reserved. On February 23, 2021, the Puerto Rico Electric Power Authority ("PREPA") issued a Request for Proposals for Renewable Energy Generation and Energy Storage Resources ("RFP"). PREPA is currently one of the United States' largest public utilities by customers served, providing electricity to 1.5 million customers. The purpose of the RFP is to solicit proposals for (i) the design, construction, in