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Overview

Chinese Government provides loan for 60MW Uruguay Bioelectric Plant Project

Commitment Year2016Country of ActivityCubaDirect Recipient Country of IncorporationCubaSectorEnergyFlow TypeLoan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2016

Geospatial footprint

Map overview

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This project involved the construction of a bioelectric plant at the Uruguay sugar plant in Sancti Spíritus province and Jatibonico municipality. More detailed locational information can be found at https://www.openstreetmap.org/way/97279449

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Cuba

Implementing agencies

State-owned companies

  • Grupo Azucarero Azcuba (AZCUBA)

Loan description

Chinese Government provides loan for 60MW Uruguay Bioelectric Plant Project

Interest typeUnknown

Narrative

Full Description

Project narrative

In 2016, the Chinese Government provided a Preferential Buyer's Credit (PBC) loan to the Cuban Government for the construction of a new bioelectric plant with a capacity of 60MW. The plant is to be implemented in the Uruguay sugar mill located in the in Sancti Spíritus province and the Jatibonico municipality. Similarly to other Cuban bioelectric plants, this project is to be managed by the Cuban bioelectric umbrella group AZCUBA. A 2018 source that studies renewable energy efforts in Cuba mentioned that the aforementioned plant will only have a capacity of 50MW installed. A media source from December 27, 2020, has said that the plant is one of the most efficient in Cuba and it has already begun harvesting the 2020-2021 yield. However, the source does not indicate whether or not the project was completed.

Staff comments

This project's status has been assigned as Pipeline: Commitment, because as of December 2018, this project was still in a "contract phase" (See: ENERGIEEFFIZIENZ UND ERNEUERBARE ENERGIEN IN DER KUBANISCHE ZUCKER INDUSTRIE and Evaluación multicriterio de proyectos energéticos renovables en Sancti Spíritus, Cuba).