Radio Cadena Agramonte
Thursday, December 13, 2018
Wednesday, January 31, 2018

Cuba Promotes Foreign Investment in Renewable Energy



Havana, Jan 31.- The first Renewable Energies Showcase will begin its second day of exhibitions today, when issues related to investments in wind and solar energy, and biomass, as well as other contents on innovative solutions in the area, will be addressed.

The event is being attended by some 70 national and international companies from the sectors of alternative energy and urban safety, a professional platform to share experiences.

The meeting, to be run until tomorrow, is organized by Fira Barcelona and the Palco Business Group, with support from the Ministry of Energy and Mines.

Cuban authorities' goal is to change the country's energy matrix, reduce dependence on fossil fuels and raise environmental sustainability.

Today, national and foreign speakers will lecture on investment opportunities in Cuba in solar, wind, hydro energies, sugar bioelectric power stations, market updating, recent developments in Biogas and other hybrid solutions.

The sessions of the Investment Forum organized by the Chamber of Commerce of Cuba will also take place, with participation of ten negotiating groups on behalf of Cuba. So far, 38 meetings have been confirmed with foreign companies, a figure that will vary since there are new applications so far by both parties.

The event brings together more than 76 exhibitors at the Pabexpo Exhibition Hall, and is attended by 38 companies, including 16 firms from Belgium, China, Spain, Italy, United Kingdom, Virgin Islands and Saint Kitts and Nevis. (Prensa Latina)