Energy storage economics havana

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The foreign trade ministry has traditionally controlled equipment imports, while state-owned power utility UNE has managed project development. Havana is now moving to legalize and encourage individual enterprise and small businesses.

The government said it will remove customs duties on renewable power equipment, parts and components, including solar heaters, photovoltaic pumps, small wind turbines, biodigesters, biogas pumps, solar lighting, solar air conditioning systems and related parts.

The attempt to accelerate development of renewables coincides with lengthening power outages, a long decline in domestic crude production and reduced subsidized oil supply from political ally Venezuela.

"In the last five years, investments in renewables have been made that exceed $500mn, which shows the priority given by the government to meet the 2030 targets of the national economic program," the government says.

Several small wind and solar plants have been installed across the island, but most of the major renewable power capacity has been installed through joint ventures with foreign investors.

UK renewable energy developer Havana Energy and Cuba''s state-owned sugar company Azcuba subsidiary Zerus are operating a 60MW biomass plant that burns bagasse, the residue from sugar cane milling, and wood chips from the invasive marabou weed.

UK developer Hive Energy and China''s equipment manufacturer Shanghai Electric Group are building a 50MW solar project at the Mariel commercial and industrial zone 45km west of Havana.

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About Energy storage economics havana

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