The U.S. Department of Energy (DOE) has offered a conditional loan guarantee for up to $861 million to finance construction of solar-plus-storage projects and standalone storage projects in Puerto Rico. The project developer and prospective borrower, Clean Flexible Energy LLC, is an indirect subsidiary of AES Corporation (AES) and TotalEnergies Holdings USA, Inc. The planned facilities, located in the municipalities of Guayama and Salinas, will include 200 MW of solar co-located with 285 MW of 4-hour batteries. Two other standalone battery storage sites would have a storage capacity not disclosed by DOE. The loan guarantee must be finalised before DOE enters into definitive financing documents.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







