Cuba Opens New Solar Park with Foreign Funds

With foreign-granted funds Cuba has built and officially opened a new solar park in the city of Cardenas, western province of Matanzas, with the help of the International Renewable Energy Agency (Irena) and the Abu Dhabi Fund for Development (ADFD).

The other three facilities of this type are in the provinces of Sancti Spiritus (south central) and Camaguey (east).

Livan Arronte, Cuban Vice Minister of Energy and Mining said this financing is quite favorable for economic indicators of the project, it helps the development of the National Electric System and contributes to changing the generation matrix.

Arronte explained that these parks generate power for 6,944 homes a year, allow saving 4,700 tons of oil and avoid the emission of 12,700 tons of carbon dioxide into the atmosphere.

The country's policy until 2030 seeks to use renewable energies by up to 24 percent, reduce dependence on imported fuel for generation, and reduce costs as well as environmental pollution.