China Eximbank provides loan to EDIFRE for 40 Solar Farms Project

Project narrative

In 2017, China Eximbank agreed to provide a 12 million peso loan (approximately $480,000 USD) to EDIFRE, a Cuban state engineering company, for the construction of 40 solar farms in the Sancti Spirítus province, totaling 100 MW of photovoltaic installations. The loan terms are unclear. The Electric Company of Sancti Spirítus is the contractor for this endeavor. The known solar farms are as follows: Guane-Mantua: 4 MW Pinar 220A: 4 MW Yaguaramas: 5 MW Morón: 5 MW Miramar: 3 MW Guasimal: 4.4 MW Yaguajay: 2.2 MW Arroyo Blanco: 2.2 MW In 2017, construction began on a 4.4 MW solar PV plant in the Guasimal, Sancti Spiritus province. The plant was completed and officially powered "on" in March, 2018. As of 2018, plans to install another six parks in Sancti Spíritus are in motion. Two of these will be located in Yaguajay and Arroyo Blanco and will have an installed capacity of 2.2 MW each.