Cuban delegation to India presents renewable energy investment opportunities

Cuba is planning on building a bioelectric plant by the end of November, and starting construction of a wind farm later in 2018. These projects are concrete steps to achieve their goal of reaching 24% clean energy generation by 2030.

The Cuban delegation presented their countries’ diverse investment opportunities in the bioelectric and solar photovoltaic, and wind energy sectors. The discussions took place at a meeting of the International Solar Alliance (ISA), also attended by executives of Indian renewable energy technology companies, including the National Thermal Power Corporation. ISA was launched at COP21 to promote the use of solar and photovoltaic as sources of clean energy, and to mobilise $100 billion in financing to achieve their target of installing 1000 GW of solar energy by 2030.