92 solar farms planned by Cuba with funding from China

 


Business Insider reports that Cuban President Miguel Diaz-Canel inaugurated the first of 92 solar parks on Friday as part of a Chinese-backed plan to ease hours-long blackouts across the Caribbean island nation.

The park in Havana was one of 55 expected to come online this year, generating 1,200 megawatts, with the remainder opening by 2028.

The Communist-run country's outdated power grid collapsed several times last year and a dire fuel shortage has made it impossible to run smaller clusters of diesel-fired generators that typically back up the system.

Years of lengthy blackouts have undercut the economy and led to scattered protests among hard-pressed residents tired of a multifaceted crisis that includes scarcity of food, medicine and other basic goods.

Source: Business Insider

Photo: worldatlas.com. Cuba

Caribbean Money Daily

Comments

Popular posts from this blog

Sagicor Group promotes pipeline of high performing projects

GraceKennedy revenue climbs 7.8 per cent to $167 billion, profit surges to $8.4 billion in 2024

Sagicor X Fund bullish on hotel segment growth, optimistic on market recovery