The Abu Dhabi Fund for Development (ADFD) has joined forces with Cuba’s Ministry of Energy and Mines and International Renewable Energy Agency (IRENA) as part of a project to power almost 7,000 Cuban homes.
ADFD, the leading national entity for international development aid, inaugurated a new 10 megawatt (MW) solar PV project, financed by ADFD with US$15 million under the IRENA/ADFD Project Facility.
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; His Excellency Bader Almatrooshi, UAE Ambassador to Cuba; and Francesco La Camera, Director-General of IRENA.
His Excellency 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.
“The Fund’s interest in the renewable energy sector reflects its dedication to supporting international efforts to achieve the outlined energy priorities of developing countries and the UN’s SDGs, as well as contribute in meeting global climate targets.”
His Excellency Bader Almatrooshi, said: “As an active member of the international community and under the leadership of the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE proactively supports global efforts to achieve the outlined objectives of the UN’s Sustainable Development Goals (SDGs).
“The UAE and Cuba enjoy long-standing and robust bilateral relations. This project is a testament to cross-border collaboration in supporting transformative renewable energy projects across the world.”
Commending ADFD and IRENA for their role in supporting national energy, climate, and sustainable development priorities, His Excellency Raúl García Barreiro said: “Not only has the funding from ADFD helped in achieving outlined national priorities, but also helped in the completion of this transformative venture. The unique and important partnership with ADFD has aided in meeting the country’s energy targets.”