Abu Dhabi Fund for Development-funded $15mln project launched in Cuba

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UAE – Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, together with the Cuba’s Ministry of Energy and Mines and International Renewable Energy Agency (IRENA), inaugurated on July 5 a new 10 megawatt solar PV project. The grid-connected project was financed by ADFD with $15 million under the IRENA/ADFD Project Facility and will deliver enough electricity to power the equivalent of nearly 7,000 Cuban homes.

The solar PV project contributes to the Cuban government’s national objectives to reduce the use of fossil fuels for electricity generation and increase the share of power from renewables to 24 percent by 2030. This project will mitigate around 12,700 tCO2 emissions annually.

The inauguration took place in the presence of Cuba’s Vice Minister of Energy and Mines, Livan Arronte, UAE Ambassador to Cuba Bader Almatrooshi, and Francesco La Camera, director-general of IRENA.

Mohammed Saif Al-Suwaidi, director-general of ADFD, said: “ADFD is proud to have partnered with the Cuban government and IRENA in completing this crucial 10 MW solar PV project. We are confident that the impact from this renewable energy venture will ensure widespread economic, environmental and social benefits to the Cuban people.”

Copyright: Arab News © 2019 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

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