Siemens and Cuban state-owned utility Unión Eléctrica (UNE) have signed a memorandum of understanding (MoU) to upgrade power generation and transmission infrastructure of the country.
As per the terms of the MoU, the partners will agree on projects for development of the power generation, transmission and distribution, renewable energy and automation sectors, which involve UNE and any of their affiliates or subsidiaries.
Additionally, Siemens will also be responsible for delivering generating technology to existing and upcoming power plant projects in Cuba.
Siemens' power and gas division CEO Willi Meixner said: “With this important agreement, we consolidate our commitment and partnership with Cuba.
“We will assist and support Cuba and their people on the development of a sustainable and modern electricity system to ensure the country's economic and social development.”
The MoU is expected to help strengthen technical cooperation between Germany and the Cuban state in energy-related matters.
The two companies also agreed on knowledge transfer initiatives to share examples of successful projects in different parts across the world.
As part of this effort, Siemens has already commenced several training activities for UNE in Cuba and the future program of the engineering company will also include trainings in Germany, Mexico, and other places worldwide.
The agreement is part of the Cuban government’s aim to upgrade the electricity system to supply a reliable and cost-effective energy to the country as well as introduce renewable energy generation to meet the electricity needs.
Image: Siemens signs memorandum of understanding with Unión Eléctrica of Cuba. Photo: courtesy of Siemens AG.