Ørsted wants all suppliers to use 100% renewable power by 2025
Aug 10, 2022 18:04 CESTMarch 2 (Renewables Now) - The government of Cuba and the OPEC Fund for International Development (OFID) signed a USD-45-million (EUR 36.6m) loan agreement for the country's national Solar Energy Development Project.
The soft loan aims to contribute to the modernization and diversification of the Cuban energy mix by increasing the installed capacity of solar energy sources, OFID's general director Suleiman Jasir Al-Herbish said.
According to the Cuban Ministry of Foreign Affairs, the project will also increase the electricity generation and optimize the country's electrical system, through the use of domestic photovoltaic (PV) systems and solar water heaters for industrial and residential use.
OFID is a multilateral financial institution aimed at assisting low-income countries in different areas of economic and social development, such as renewable energy, among others.
(USD 1 = EUR 0.81)
Ørsted wants all suppliers to use 100% renewable power by 2025
Aug 10, 2022 18:04 CESTPlug Power's Q2 top line rises, bottom line drops
Aug 10, 2022 17:53 CESTCVS Health signs up for 42 MW from Indiana solar project
Aug 10, 2022 16:14 CESTFord agrees 650-MW solar procurement in Michigan
Aug 10, 2022 15:59 CESTModus to buy 28-MW Polish solar portfolio from Equinor's Wento
Aug 10, 2022 15:49 CESTCrown Estate Scotland opens INTOG offshore wind leasing round
Aug 10, 2022 15:30 CEST