Cuba recently announced plans to install more than two gigawatts
of renewable energy capacity by 2030. 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's total installed capacity. The
new generation mix will include:
- 13 wind farms, with a total output of
633MW;
- installation of 700MW of solar
photovoltaics;
- 19 biomass power stations, fuelled by
sugar cane residue, with a generating capacity of 755MW;
- 74 small hydroelectric plants with an
output of 56MW.
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. 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
