ADFD-funded solar photovoltaic plant gets capacity boost

ADFD-funded solar photovoltaic plant gets capacity boost

ADFD-funded solar photovoltaic plant gets capacity boost

40 minutes ago

The photo has been used for illustrative purposes.

The 10-megawatt solar photovoltaic plant, which was inaugurated in Cuba last year, has recently received a capacity boost to 15-megawatt (MW). The grid-connected project, financed by Abu Dhabi Fund for Development (ADFD) currently supplies enough electricity for an estimated 10,000 homes.

The funding is part of ADFD's commitment of $350 million to support renewable energy uptake in developing countries through seven annual selection and funding cycles, starting in 2013, ADFD said in a statement on Sunday.

Commenting on the announcement, Mohammed Saif Al Suwaidi, Abu Dhabi Fund for Development Director-General, "With fossil fuels falling out of favour due to their rising costs as well as their harmful environmental impact, countries are increasingly turning to alternative options like