Acts 17

FranklinWH Has Been Added to the LUMA's Approved Vendor List in Puerto Rico

Retrieved on: 
Monday, March 27, 2023
Heart, Acts 17, Electricity, Solar Power, AC, LFP, Leading, Kilowatt-hour, Sale, Agate, LUMA, SAN, FHP, Electric battery

SAN JOSE, Puerto Rico, March 27, 2023 /PRNewswire/ -- FranklinWH Energy Storage Inc. ("FranklinWH"), a leader in whole-home energy management, is proud to announce that our Franklin Home Power (FHP) system, has been listed by LUMA in Puerto Rico, which qualifies the FHP for sale in Puerto Rico.

Key Points: 
  • SAN JOSE, Puerto Rico, March 27, 2023 /PRNewswire/ -- FranklinWH Energy Storage Inc. ("FranklinWH"), a leader in whole-home energy management, is proud to announce that our Franklin Home Power (FHP) system, has been listed by LUMA in Puerto Rico, which qualifies the FHP for sale in Puerto Rico.
  • Puerto Rico has committed to using 100% renewable energy to meet its electricity needs by 2050, achieving interim goals of 40% by 2025, and 60% by 2040.
  • The commitment was established in the Puerto Rico Energy Public Policy Act (Act 17).
  • "We're pleased that FranklinWH will provide our products and services to Puerto Rico residents and contribute to Puerto Rico's renewable energy goal.

Forbright Bank Provides Financing to Two Solar Parks in Puerto Rico

Retrieved on: 
Wednesday, November 16, 2022
Banking, Professional Services, Environmental Policy, Utilities, Sustainability, Environmental Health, Alternative Energy, Energy, State, Local, Environment, Climate Change, Public Policy, Government, C&I, ESG, Carbon, Puerto Rico Electric Power Authority, Popular, Inc., Arclight, Generate, FDIC, Coal, Safety, PREPA, Acts 17, PR, Renewable energy, Bank

Infinigen owns and operates two solar parks in Puerto Rico Oriana in Isabela, PR and Horizon in Salinas, PR.

Key Points: 
  • Infinigen owns and operates two solar parks in Puerto Rico Oriana in Isabela, PR and Horizon in Salinas, PR.
  • Transitioning to sustainable solar resources is essential for Puerto Rico to enhance safety, reliability, and lower the cost of power.
  • This financing is another example of the role Forbright plays in speeding the transition to a cleaner economy, said Don Cole, CEO of Forbright Bank.
  • Forbright and its syndicate partners provided Infinigen capital that will allow the Infinigen platform to develop additional solar projects in Puerto Rico.