Hive joins Shanghai Electric for Cuban PV

19 November 2018

Solar power project developer Hive Energy has joined forces with SE Energy Investment, a subsidiary of Shanghai Electric Group, to develop 50 MW of solar photovoltaic (PV) capacity in Cuba.

The two companies will build three separate PV installation in the 400 km2 Mariel Development Zone, with construction starting in late November 2018. The projects require investment of up to $60 million and are expected to start operating in autumn 2019.

According to Hive, the development of PV capacity in Cuba will reduce the country’s dependency on imports of foreign oil as well as help it to reach renewable energy targets. The project will be Cuba’s first utility-scale PV project.

Linkedin Linkedin   
Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.