Karadeniz Holding Of Turkey Update On "Karpowership" Operations In Cuba

NOTE: As of September 2021, the Republic of Cuba reported that Karpowership is providing approximately 3% of electricity to the country.

Istanbul, Turkey-based Karadeniz Holding AS has reported: “In October 2018, Karpowership signed a contract with Unión Eléctrica de Cuba (UNE), the state electricity company of Cuba, to deploy three Powerships of 110 MW in total for a period of 51 months. Karadeniz Powership Barış Bey and Karadeniz Powership Esra Sultan started operation in Port de Mariel in July 2019 and Karadeniz Powership Ela Sultan started operations in November 2019. In November 2019, the contract capacity was increased to 184 MW. Cuba is Karpowership’s first project in Western Hemisphere. Karpowership will supply 10% of Cuba’s total electricity needs.” 

From Karadeniz Holding: “As of 2019 Karpowership owns and operates world’s largest floating power plant fleet of 25 Powerships with an installed capacity exceeding 4,100 MW. We have a pipeline of 4,400 MW in the works at our shipyards. Karadeniz Holding, which manages the Powership fleet under its international brand Karpowership, produces electricity from Africa to Asia at 15 different locations today. Karpowership covers 10 to 100 percent of electricity production in countries such as Indonesia, Ghana, Mozambique, Gambia, Sierra Leone, Guinea, Guinea Bissau, Senegal and Lebanon.  Today, Karadeniz Holding, with operations in 19 countries, continues its investments with 2,600 employees.” 

Previous Posts: 

Karadeniz Of Turkey Delivering Floating Power Plant To Cuba For 51-Month Contract (23 April 2019)

https://www.cubatrade.org/blog/2019/4/23/8fh54pumnbz6wd4dd6harn6ioaei1f?rq=karadeniz 

Turkey's Karadeniz Holding Reports Electricity Contract With Cuba In October 2018; But, No Contract Signed Five Months Later (1 April 2019)

https://www.cubatrade.org/blog/2019/3/31/rbvjp97hn81sa5mgnqmg3m9t8yq75p?rq=karadeniz