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Cuba’s Fuel Crisis Turns the Island Into a Solar Test Case

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Cuba’s Fuel Crisis Turns the Island Into a Solar Test Case | Gold market brief illustration

Cuba is turning into a solar-powered island because of the U.S. naval blockade that is preventing fuel from reaching it. Imports of solar tech from that same U.S. are surging despite the decades-old U.S. embargo on Cuba, and strengthening the case for solar energy—in the absence of any alternatives. Bloomberg earlier this week cited U.S. Census data showing that exports of solar cells and modules from the U.S. to Cuba topped $6.3 million over the first seven months of the year. This is an annual increase of a whopping 1,070%, while solar…

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