Dear MEL Topic Readers,
As the US starves it of oil, Cuba is pulling off one of the fastest
solar revolutions on the planet — with China’s help
Ever since the 1959 revolution led by Fidel Castro, the USA has
maintained economic sanctions against Cuba, whose main energy source is oil.
The Soviet Union used to be the main oil supplier in the 1980s until its dissolution,
and Venezuela had been taking the role until its president was abducted by the
USA in early January. Since then, Cuba has experienced nationwide blackouts and
severe gasoline shortages. In the meantime, Cuba has been importing more solar
panels and batteries from China to reduce its dependence on fuel imports. Now,
about 10% of Cuba’s electricity is generated by renewable energy, and the
figure is projected to rise to over 24% in a few years. Cuba may soon start
importing more solar panels, batteries, EVs, and E-bikes, and become China’s showcase
for electrical products for the Central and South American markets. One
economic sanction seems to open up new opportunities to others.
Read the article and learn how Cuba is managing the US’s economic
sanctions through China’s renewable energy products.
No comments:
Post a Comment