The International Solar Alliance (ISA) is helping Cuba launch its first solar energy procurement project. Interested developers can submit their offers until July 20.
ISA has selected NTPC Ltd, an energy company under the Ministry of Energy of India, as a consultant to launch an auction for 60 MW of solar power capacity in Cuba. Potential developers have until July 20 to submit bids.
Selected bidders must develop solar power projects in accordance with the construction, ownership and operation model. They design, finance, build, install and operate the plants and sell electricity to the local energy company Unión Eléctrica de Cuba (UNE) through a 25-year Power Purchase Agreement (PPA).
The Cuban authorities will tender six projects in Placetas (25 MW), Cifuentes (10 MW), Santa Clara (5 MW), Santa Clara (5 MW), Sagua (10 MW) and Corralillo (5 MW). . Bidders have the option to submit one fixed price for one or more projects, and each project is charged separately.
This offer is part of Cuba’s goal to install 2,100 MW of solar capacity by 2030. As part of this programme, The ISA through NTPC Limited is also providing 1,150 MW solar parks in 175 locations across 15 provinces. The 150 MW/150 MWh battery energy storage systems (BESS) are evenly distributed in three provinces.
According to the International Renewable Energy Agency (IRENA), Cuba had 258 MW of installed solar power by the end of 2022.
