Washington greenlit a massive undersea power link, pushing Puerto Rico and the Dominican Republic toward a shared electric future.
Permit breakthrough
Permit breakthrough
- The United States government approves the presidential permit.
- Clears a major regulatory wall.
- Unlocks momentum for a Caribbean-scale energy play.
- Caribbean Transmission Development Company confirms no objections.
- Greenlights came from State and Defense.
- Formal notice is still pending publicly.
- Rafael Vélez Domínguez sets a public reveal.
- Event planned for February 17.
- Happens in the Dominican Republic.
- Luis Abinader is expected to attend.
- Jenniffer González is also slated.
- U.S. officials round out the room.
- Moves up to 700 megawatts in both directions.
- Boosts grid stability for both islands.
- Sets up shared energy resilience.
- Links a gas-fired plant in the Dominican Republic.
- Ties into Puerto Rico via Mayagüez substation.
- Integrates directly with island grids.
- Deals needed with Puerto Rico Electric Power Authority.
- Environmental and regulatory approvals pending.
- Financing target sits near US$2.5 billion.
- Operational target set for January 2031.
- Starts by feeding Puerto Rico's demand.
- Could later export Puerto Rican solar power outward.