Puerto Rico to Invest in Renewable Power
Associated Press
04.07.2008
PONCE, Puerto Rico - Puerto Rico's state-owned power company says it will buy millions of dollars (euros) in wind-generated energy for the next 20 years to lessen its dependence on petroleum.
The government will pay Windmar Renewable Energy $11 million a year for 50 megawatts, enough to serve up to 8,000 homes, company director Jorge Rodriguez said Saturday.
Windmar, a Puerto-Rican based company, expects to soon build 25 windmills in southern Puerto Rico that could produce an estimated 120,000 kilowatts a year. Activists have criticized the project, saying several endangered bird species in a nearby protected forest will lose their habitat.
Oil-burning power plants provide most of the electricity in this U.S. Caribbean territory.
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