DealsJun 15, 2026, 12:31 PM
Greenbriar ordered to negotiate 40 MW battery storage deal
AI Summary
Greenbriar Sustainable Living Inc. announced that the Puerto Rico Energy Bureau (PREB) has ordered PREPA and Greenbriar to finalize negotiations within seven days for a battery storage system. The negotiations involve a 40 MW 4-hour system priced at $24,000 per MW per month and a 40 MW 6-hour system at $33,000 per MW per month. This potential agreement is separate from the existing 80 MW AC solar contract at 11.3 cents per kWh. PREB also warned PREPA of potential fines for non-compliance.
Key Highlights
- PREB ordered PREPA and Greenbriar to complete negotiations within 7 days.
- Negotiations for a 40 MW 4-hour battery storage system at $24,000 per MW per month.
- Negotiations for a 40 MW 6-hour battery storage system at $33,000 per MW per month.
- This is separate from an 80 MW AC solar contract at 11.3 cents per kWh.
- PREB warned PREPA of potential fines for non-compliance with the order.
Price Impact
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