Solar Finance Innovation
The Puerto Rican Solar Business Accelerator (PRSBA) works closely with the financial industry, solar companies, and government officials to propose the most beneficial and optimal financial products.
For the solar industry, having the proper financing options is as important as having the best technology and workforce. For this reason, the PRSBA will assess the current financing scenarios for both solar businesses and their clients. Our aim is to identify and propose new financing options that are more affordable with fewer barriers to entry.
Contact us if your financial institution offers solar loans and would like to be included on our referral list.
Report: Solar Finance in Puerto Rico
This 2021 report offers a summary of the financial institutions, mechanisms, and solar companies that offer financing for project development or loans for solar consumers. Based on a survey of the sector and interviews with financial institution representatives, the report identifies current trends, practices, barriers, and unmet needs to investing and financing solar energy and battery storage in Puerto Rico.
Working Groups on Solar Finance
The PRSBA has formed two working groups to encourage new ideas and proposals to improve solar financing in Puerto Rico. These working groups include broad representation from cooperatives, the solar industry, government, and nonprofit organizations.
Dialogue with the Association of Cooperative Executives
IREC Program Director Carlos Velázquez and Program Manager Loraima Jaramillo speak with Keyshla Molina, executive director of the Asociación de Ejecutivos de Cooperativas sobre Energía Solar.