Cuba recently announced plans to install more than two gigawatts of renewable energy capacity by 2030.\u00a0 According to Rosell Guerra, the director of renewables at the Cuban Ministry of Energy, the additional capacity will result in renewables comprising approximately a quarter of Cuba\u2019s total installed capacity.\u00a0 The new generation mix will include:<\/p>\n
\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a013 wind farms, with a total output of 633MW;<\/p>\n
\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 installation of 700MW of solar photovoltaics;<\/p>\n
\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 19 biomass power stations, fuelled by sugar cane\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 residue, with a generating capacity of 755MW;<\/p>\n
\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 74 small hydroelectric plants with an output of 56MW.<\/p>\n
In order to achieve its renewable energy goals Cuba will need capital investments totaling approximately U.S.$3.5 billion, as well as access to technology and equipment.\u00a0 The Cuban government passed a foreign investment law early last year and several countries have already been active in the market, including Abu Dhabi, which recently offered U.S.$15 million in loans for the construction of four 10MW solar power plants.\u00a0 Participation by U.S. firms is still subject to the embargo, and would require a special license from the Office of Foreign Assets Control.\u00a0 However, with the gradual, though unpredictable, lifting of restrictions, the Cuban market represents potential for both U.S. equipment manufacturers and investors.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cuba recently announced plans to install more than two gigawatts of renewable energy capacity by 2030.\u00a0 According to Rosell Guerra, the director of renewables at the Cuban Ministry of Energy, the additional capacity will result in renewables comprising approximately a quarter of Cuba\u2019s total installed capacity.\u00a0 The new generation mix will include: \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a013 wind farms, … <\/p>\n
Continue reading “CUBA SETS RENEWABLE ENERGY GOALS”<\/span><\/a><\/p>\n","protected":false},"author":145,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"ppma_author":[94],"class_list":["post-89","post","type-post","status-publish","format-standard","hentry","category-general"],"authors":[{"term_id":94,"user_id":145,"is_guest":0,"slug":"lwdiamond","display_name":"Lawrence W. Diamond","avatar_url":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-content\/uploads\/sites\/23\/2015\/01\/diamondlarry-125x150.jpg","author_category":"","last_name":"Diamond","first_name":"Lawrence W.","job_title":"","user_url":"http:\/\/www.duanemorris.com\/attorneys\/lawrencewdiamond.html","description":"Read Lawrence's bio.<\/a>"}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/posts\/89","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/users\/145"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/comments?post=89"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/posts\/89\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/media?parent=89"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/categories?post=89"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/tags?post=89"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/puertoricocubaandcaribbean\/wp-json\/wp\/v2\/ppma_author?post=89"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}