Chinese Government provides loan for 60MW Uruguay Bioelectric Plant Project
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Cuba
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
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.
Additional details
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).
Number of official sources
2
Number of total sources
5
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Cuba [Government Agency]
Implementing agencies [Type]
AZCUBA [State-owned Company]