Puerto Rico is undergoing a crucial and mandated transition to a resilient, renewable energy grid, creating an unprecedented opportunity for investors in the utility-scale solar sector.

This opportunity centers on a 100MW Solar Farm Development Opportunity that is Ready to Build, backed by the critical security of a 25-Year Government Power Purchase Agreement (PPA) at an attractive price of $139 USD/MWh.

This project is not just a solar development; it is a foundational component of the island’s energy independence and modernization goals, which mandate achieving 100% renewable energy by 2050. With a long-term, fixed-price PPA from a government-backed entity, this offering significantly mitigates market risk while promising stable, long-term revenue.

Investors are invited to participate in a project that is shovel-ready, positioned in a high-insolation region, and perfectly timed to capitalize on Puerto Rico’s urgent need for clean, reliable power generation. This is a chance to secure a major asset in one of the most compelling clean energy markets in the Caribbean.

Executive Summary & Market Position

• Location: Puerto Rico, USA.
• Scale: Utility-scale project delivering 100 MWac of dependable power (125 MWdc peak power).
• Contract Security: Secured by a long-term 25-year Power Purchase Agreement (PPA) (Counterparty: Puerto Rico Electric Power Authority – PREPA******).
• Revenue Rate: Highly attractive fixed rate of $139 USD per MWh. This ensures long-term, stable cash flow and revenue predictability.
• Tax Credits:

Power Generation Specifications (PV)

• Technology: Bifacial, Mono Crystalline, Half Cut technology modules.
• Module Type: High-efficiency 590W Hanwha Q CELLS (Q.PEAK DAU XL-G11S.3/BFG).
• DC/AC Ratio: 1.25, optimized for energy harvest in high-insolation environments.
• Inverter: 38 units of INGECON SUN 3Power U C645 Inverters (Ingeteam), ensuring high conversion efficiency (98.90%).
• Footprint: Requires approximately 985,643 m² (~245 acres) of land.

Battery Energy Storage System (BESS) Integration

The project includes a robust BESS to provide critical grid stability services.

• Total Storage Capacity: Approximately 32.4 MWh (using Narada battery racks).
• Frequency Regulation (FR): 5.90 MWh dedicated to instantaneous grid stability services.
• Ramp Rate Control (RRC): 26.5 MWh dedicated to smoothing solar output fluctuations (crucial for grid integration).
• PCS: Uses INGECON SUN STORAGE 3POWER U C615 Battery Inverters (Ingeteam) for highly efficient storage management.

Keypoints

PV Key Data