IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,048.39 ▼ 0.67% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.18▼ 0.21% USD/MXN16.99— 0.00% USD/CLP933.85▲ 0.25% USD/COP3,219▲ 0.60% USD/PEN3.36▼ 0.13% USD/ARS1,509▼ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.64▲ 0.05% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.01▼ 0.24% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,048.39 ▼ 0.67% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, September 1, 2026

Central America Latin America

Cuba Powers Up with Chinese Solar Amid Blackout Crisis

By · March 21, 2025 · 2 min read

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Cuba’s Ministry of Energy and Mines announces eight new solar parks operational by March 2025, harnessing Chinese technology. These facilities deliver over 170 megawatts, tackling an energy crisis that cripples the island with frequent blackouts.

Officials target 92 parks by 2028, aiming for 2,000 megawatts to reshape a fossil-fuel-reliant grid. The plan unfolds against a backdrop of desperation, as Cuba endures outages lasting up to 20 hours daily.

Aging thermoelectric plants falter, consuming 8 million tons of fuel yearly while producing only 3 million locally. Imports drain scarce funds, worsened by a U.S. embargo limiting access to resources.

Progress accelerates with six parks adding 131.2 megawatts this month, following two completed in February in Havana and Cienfuegos. Four storage sites, each holding 50 megawatts, balance solar variability, offering stability.

Experts note Cuba’s abundant sunshine, wind, and biomass as key assets for this shift. The government pushes forward, planning three to four parks per province, chasing a 24% renewable energy goal by 2030.

Cuba Powers Up with Chinese Solar Amid Blackout Crisis
Cuba Powers Up with Chinese Solar Amid Blackout Crisis. (Photo Internet reproduction)
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Currently, 1,000 megawatts mark an 8% milestone, with long-term hopes of energy independence via local oil and gas. Yet, officials admit maintaining old plants remains critical.

Cuba’s Energy Crisis

Blackouts, sparked by fuel shortages and outdated infrastructure, devastate daily life and the economy. A nationwide collapse in October 2024 underscores the urgency, driving this Chinese partnership. Tax breaks for eight years and customs exemptions lure investors to the cause.

For businesses, Cuba’s pivot signals opportunity amid uncertainty. The island’s 170 megawatts ease daytime shortages, but nighttime relief hinges on storage or fuel imports. China’s role, supplying tech and expertise, hints at deeper ties, potentially unsettling U.S. interests nearby.

Still, challenges loom large. Solar power offers no quick fix for a grid demanding 3,500 megawatts at peak, often falling 1,500 short. The real story lies in Cuba’s race to balance ambition with reality, as blackouts test resilience and global alliances shift.

This effort reveals a nation at a crossroads, leveraging foreign aid to fight a crisis decades in the making. Observers watch closely, weighing the impact on Cuba’s future and regional dynamics.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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