The Department of Energy is moving forward with a nearly half-billion-dollar loan agreement, set under the Biden administration, to prop up Puerto Rico’s electrical grid with more battery storage, but is dropping funds meant to build out solar power, as detailed in the original deal.
The $489.4 million loan is part of around $54 billion in loans for clean energy projects finalized under former President Joe Biden that the agency said earlier this year it would revise to support President Donald Trump’s energy dominance agenda.
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