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Cuba

  • Solar PPAs in Latin America

    1.25 MW solar PV plant inaugurated in Cuba

    February 26, 2019

    A new solar energy park has been inaugurated in Cuba. The photovoltaic project was financed by the Abu Dhabi Fund for Development.  Located in the province of Sancti Spiritus, the solar park will generate approximately 1, 875 MWh per year, which will be fed into the National Electro-Energetic System (SEN). The solar park will also […]

  • Biomass plant in Cuba soon to be completed

    February 1, 2019

    The first biomass energy plant built in Cuba with foreign investment is set to enter into commission soon. Once finished, the energy plant will provide clean energy by using the by-products of the local Ciro Redondo sugar mill. This 60MW modern plant is situated 430 km east of Havana. Joint venture BioPower S.A. built the […]

  • Biogas network grows in Cuba

    January 9, 2019

    A local engineer, Alexander López Savran, has used his bio-digester innovation to create a distribution network for biogas in neighboring communities in Cuba. “A new bio-digester has been designed to obtain pressure, which means that biogas can be distributed more than five kilometres away without the need for a compressor or blower,” said Mr. Savran, […]

  • Spain to invest in Cuba’s renewable energy sector

    November 29, 2018

    Spain’s Prime Minister Pedro Sanchez announced his plans to keep investing in Cuba, including their renewable energy sector. The Prime Minister spoke at a forum held in Cuba for over 200 Spanish and Cuban companies. Government spokeswoman Isabel Celaa said Cuban and Spanish officials spoke at length about climate change and renewable energy. Spain is […]

  • UK-Chinese joint venture to build 50MW of solar in Cuba

    November 9, 2018

    Hive Energy Ltd and the UK unit of Shanghai Electric Group Co Ltd, SE Energy Investment Co, have set up a joint venture to carry out a 50MW solar project in Cuba. Hive Energy is UK-based solar developer with projects around the globe. SE Energy Investment is the subsidiary of equipment manufacturing conglomerate, Shanghai Electric […]

  • Germany will open office in Cuba for the promotion of investment and economic exchange

    November 1, 2018

    The office for the promotion of trade and investment will be inaugurated by German officials in Cuba next week. This office will serve as an information hub for German and Cuban businesses to remain updated about investment opportunities and offers on the Caribbean island. The larger aim of the project is to promote economic exchange […]

  • Cuba to install first solar PV park with foreign investment

    October 23, 2018

    Mariel Solar S.A. will be starting installation of a 102 GWh per year solar park, Cuba’s first PV installation with 100% foreign capital. The park will be located in the Special Development Zone of Mariel, a commercial hub and port west of La Habana. It will comprise of over 300 000 panels on a zone […]

  • Cuban delegation to India presents renewable energy investment opportunities

    October 4, 2018

    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, […]

  • Cuba amends law in effort to attract foreign investment

    August 20, 2018

    The Cuban government has announced amendments to its foreign investment law aiming to increase the presence of foreign companies in the island. Amendments seek to increase efficiency and reliability in the overall business environment. The new law, which will take effect on September 1, seeks to simplify the procedures to approve a project, which currently […]

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