December 8, 2024
Financial Assets

In Cuba, power plant failure causes nationwide blackout as money runs out


Reuters

Cuba slowly starts restoring power after island-wide blackout

HAVANA (Reuters) -Cuba restored a trickle of power to its grid by mid-evening on Friday, officials said, hours after the island plunged into a countrywide blackout following the collapse of one of its major power plants. The vast majority of the country’s 10 million residents were still in the dark on Friday night, but scattered pockets of the capital Havana, including some of the city’s major hospitals, saw lights flicker back on shortly after dark. Grid operator UNE said it hoped to restart at least five of its oil-fired generation plants overnight, providing enough electricity, it said, to begin returning power to broader areas of the country.



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