US Energy Department to redirect $365 million to support Puerto Rico's grid resilience
ReutersMay 21, 2025 5:24 PM
WASHINGTON, May 21 (Reuters) - The U.S. Department of Energy said on Wednesday it will redirect$365 million to support grid resilience efforts in Puerto Rico.
The funding will be deployed to support practical fixes and emergency activities that offer a faster, more effective solution to the current crisis, benefiting critical facilities like hospitals and community centers, it said in a statement.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
NVIDIA–Oracle–OpenAI: AI Growth Engine or Warning Signs of a Bubble?
TradingKey - Earlier this week, NVIDIA announced a preliminary partnership with OpenAI to jointly deploy 10 gigawatts of compute capacity.TradingKey
9 hours ago
Can $100 Billion Change the Future of AI? The Inside Story of Nvidia and OpenAI’s Mega Partnership
TradingKey - Recently, headlines around the world spotlighted Nvidia’s deal to invest up to $100 billion in OpenAI, a move that’s already being called one of the boldest bets in the history of artificial intelligence.TradingKey
13 hours ago
U.S. Q2 GDP Commentary: Unsustainable Growth Rebound, What’s Next for the Stock Market?
TradingKey - On 25 September 2025, the U.S. released the final Q2 GDP data. The data showed that the annualised quarter-on-quarter real GDP growth rate was 3.8%, surpassing the preliminary estimates of 3% in July and 3.3% in August.TradingKey
13 hours ago
U.S. August PCE Preview: Four-Run PCE Bounce Challenges the Fed’s Three-Cut Plan
TradingKey - The U.S. Bureau of Economic Analysis (BEA) will release the August Personal Consumption Expenditures (PCE) Price Index on Friday, September 26, with markets closely watching how much tariff pass-through effects have influenced inflation.TradingKey
Thu, Sep 25
U.S. August PCE: Inflation Remains the Market's Greatest Risk
Our baseline forecast anticipates sustained asset price increases. However, if inflation surpasses market expectations in the coming months, it could hinder further rate cuts and pose the greatest risk to financial markets.TradingKey
Wed, Sep 24
Tradingkey
