Risen Energy will provide its 260 W multicrystalline modules, along with other components, to a 3.9 MW PV project, which will represent Risen’s first venture into the Cuban PV market.
“Renewable energy, and more specifically the solar industry, has become the biggest priority in the policies for energy optimization and renewable energy promotion initiated by the Cuban Government,” states Risen Energy Chairman Hang Wong. “We have won the trust and approval of our clients at home and all around the world. It has created a solid basis for our company to explore new markets like the one in Cuba.”
Risen also sees the project as an opportunity to further relations between China and Cuba, and expects more cooperation in the future.
“This is a great opportunity for our company to promote further the relations between China and Cuba,” continues Wong. “For this reason, I believe that Risen Energy will help Cuba to develop renewable energy infrastructure, and start utilizing to a greater extent the renewable energy sources. We will help upgrade the local energy system in Cuba by providing the technological power of Chinese industry.”
In a 2014 policy shift, Cuba announced a renewable energy program to include 700 MW of PV. The program has now begun to show results, and Cuba currently has around 40 MW of installed capacity, as well as further projects under construction.