China to build 92 solar parks in Cuba
By Global Infrastructure Sherpa · Feb 25, 2026
China committed to building 92 solar parks in Cuba by 2028 with a combined capacity of approximately 2,000 megawatts. Each park costs approximately $16 million in imported equipment, with Cuban investment covering domestic infrastructure.
Deal Analysis
This deal involves China's commitment to develop 92 solar parks in Cuba by 2028, totaling 2,000 MW of capacity. The project is structured with China, through SunRise Solar, providing approximately $16 million in imported equipment per park, while Cuba is responsible for domestic infrastructure investments. This development signifies a substantial investment in renewable energy infrastructure for Cuba, addressing its energy needs and potentially reducing reliance on traditional energy sources. The involvement of China, a major global infrastructure investor, and SunRise Solar, a specialized solar energy company, underscores the strategic importance of this project for both nations.
- 2,000 MW of solar capacity to be added in Cuba by 2028.
- China's involvement highlights its growing role in global infrastructure development.
- SunRise Solar's participation indicates a focus on specialized solar energy solutions.
- Deal structure involves shared investment responsibilities between China and Cuba.
Market Context: The solar energy sector is experiencing rapid growth globally, driven by increasing demand for renewable energy sources and declining technology costs. Cuba, like many island nations, faces unique energy challenges and is actively seeking to diversify its energy mix and reduce its carbon footprint. This deal aligns with global trends towards renewable energy adoption and represents a significant investment in Cuba's energy infrastructure.
Source Intelligence
KEY DETAILS
China donated approximately 70 tons of power generator parts and committed to installing 10,000 photovoltaic systems for isolated homes and critical facilities including maternity wards and clinics.", "quote": "Beyond large solar farms, China donated approximately 70 tons of power generator parts and committed to installing 10,000 photovoltaic systems for isolated homes and critical facilities including maternity wards and clinics.
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Deal Size
Each park costs approximately $16 million in imported equipment, with Cuban investment covering domestic infrastructure.
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Capacity
China committed to building 92 solar parks by 2028 with combined capacity of approximately 2,000 megawatts, nearly matching Cuba’s entire current fossil fuel generation capacity.
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Location
China committed to building 92 solar parks in Cuba by 2028
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Expected Close
China committed to building 92 solar parks by 2028 with combined capacity of approximately 2,000 megawatts
PARTIES MENTIONED IN SOURCE
C
China
developer
"China committed to building 92 solar parks by 2028 with combined capacity of approximately 2,000 megawatts"
C
Cuba
buyer
"Each park costs approximately $16 million in imported equipment, with Cuban investment covering domestic infrastructure."
high quality
Enriched Feb 26, 2026
Market Context
This deal is part of the Solar sector in Cuba.
1 of 472 Solar deals tracked this month · Updated daily