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