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Cuba

  • Cuban hydro project financed by Kuwait Fund for Arab Economic Development

    April 26, 2016

    The Cuban energy sector will get a boost this year after a deal signed with the Kuwait Fund for Arab Economic Development will provide financing for the construction of 34 small hydropower projects. These projects will use existing infrastructure to provide a capacity of 14.6 MW of hydropower to the Caribbean island and three linking […]

  • Caricom and Cuba to discuss energy projects

    April 15, 2016

    A delegation from Caricom will travel to Cuba to assess renewable energy opportunities. Devon Gardner said that the plan is to discuss initiatives such as producing biogas. Dr. Gardner said that the delegation will be led by Assistant Secretary General for Trade and Economic Integration, Joseph Cox.

  • Cuba & China sign agreement for 100 MW of PV projects

    February 6, 2016

    Cuba and China have signed a commercial contract for the  implementation of a 100-MW photovoltaic project in the Greater Antilles. In 2015 the Abu Dhabi Fund for Development (ADFD) announced an AED-55 million (USD 14.9m/EUR 13.3m) concessionary loan to the government of Cuba for the development of a 10-MW solar project in the country.  This […]

  • Cuba and Germany to Work Together in Renewable Energy

    January 9, 2016

    Interest in promoting investment and cooperation in renewable energy in Cuba is growing, said Sigmar Gabriel, Deputy Foreign Minister (FM) and Federal Minister of the Economy and Energy of Germany during his recent visit to Cuba. Cuba, with high dependence on fossil fuels to produce electricity, seeks to reverse its energy matrix with the support of […]

  • Cuba sets renewable energy goals

    November 5, 2015

    Cuba has big plans to achieve renewable energy goals as restrictions on foreign investment are slowly lifted. Although the participation by U.S. firms is still hampered by the embargo, which requires a special license from the Office of Foreign Assets Control, the Cuban market represents potential for both U.S. equipment manufacturers and investors. Capital investments […]

  • Cuba seeks $8.2 billion in foreign investment for 326 projects

    November 3, 2015

    Diversification of industry is a part of Cuba’s plans for the future, which includes a more robust private sector and opportunities for foreign investment. Foreign Trade Minister, Rodrigo Malmierca, unveiled ready-made investment opportunities, officially called “the portfolio”, at the 33rd annual Havana International Fair (FIHAV) and explained that: [the] “private sector, cooperatives, and other forms […]

  • Cuban farmers use renewable energy to protect environment

    October 20, 2015

    Cuban farmers are ahead of the curve with techniques to use renewable energies for environmental protection. The operation of 200 windmills and 20 solar panels in the sector of Villa Clara is one example of hardware infrastructure used. Additionally, 130 biodigesters are currently used for the treatment of pork residuals and 300 more will be […]

  • Director General of Cuba Utility Confirms Speaking Role at CREF

    October 1, 2015

    The organizers of CREF are excited to announce that Delice Moreno Garcia, the Director General of Cuba Utility, Empresa de Ingenería y Proyecto de la Electricidad (INEL), the Cuba utility, has confirmed that she will present at CREF 2015. She will be joined on stage by Barbara Hernández Martínez, Director of Generation for AZCUBA, the State-owned […]

  • Renewables Investment in Cuba Expected to Hit $6 Billion in Upcoming Years

    August 3, 2015

    Renewables investment is set to skyrocket in Cuba. As the Caribbean’s largest supplier of renewable energy, the US is poised to work with Cuba to transition away from fossil fuels. Biofuel, biomass, hydroelectric, wind and solar are some of the green energies that Cuba will tap into over the next years. Energy-efficiency and energy-savings programs […]

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