PRIDCO to install solar panels on its buildings

The head of the Puerto Rico Industrial Development Co. said an initiative to install solar panels on the roofs of industrial properties owned by the public corporation is to ensure that the companies operating in the buildings “are not disrupted by power outages while also allowing them to benefit from reduced energy costs at standard rates.”

By The Star Staff

Puerto Rico Industrial Development Co. (PRIDCO) Executive Director Eric Santiago Justiniano announced on Tuesday a project to install solar panels on the roofs of industrial buildings owned by the public corporation.

The announcement was made during the Cogeneration Day event at the Sheraton Hotel in San Juan’s Convention District.

“This initiative aims to provide an energy solution for companies operating on PRIDCO properties. Our goal is to ensure that these companies’ operations are not disrupted by power outages while also allowing them to benefit from reduced energy costs at standard rates,” Santiago said. “This initiative encapsulates PRIDCO’s value proposition to companies in Puerto Rico, offering the lowest rental rates in the United States alongside lower energy costs. It aligns with Gov. Jenniffer González Colón’s public policy to implement sustainable green energy projects, fulfilling the long-term objectives of Act 17 of 2019.”

PRIDCO has already implemented the project in three buildings.

Additionally, a new company relocating to Puerto Rico requires a building that can provide the solar energy service. PRIDCO is in the process of recruiting and contracting a company to install a solar panel system on 28,000 square feet of roof space in Cabo Rojo.

PRIDCO manages 22 million square feet of rooftops and plans to contract for the installation of green and sustainable energy systems on those structures.