AGP Executive Report
Last update: 9 hours agoPower Crisis in Cuba: Cuba’s national grid collapsed again late Sunday, triggering a nationwide blackout for about 10 million people, with the state utility offering no clear cause or repair timeline as fuel shortages deepen under the US oil blockade. Energy Market Pressure: The outages follow three nationwide blackouts in July and come as Havana struggles to secure imports after Venezuela’s supply was disrupted and Mexico also halted exports amid US pressure. Policy Shift in Cuba: Prime Minister Manuel Marrero Cruz says reforms are underway, including a first foreign-backed fuel import and wholesale fuel distribution approvals for nearly 200 businesses, plus steps to allow more private investment in tourism. Renewables Development (Outside the Region): Renewco Power won planning permission on appeal for a 31.5 MW solar plus BESS project in the UK, a reminder of how storage is becoming central to grid resilience. EV Trade Signal for Argentina: Chinese EV brands are expanding fast in Argentina under Milei’s tariff-free import quota, even as US officials push for reduced reliance on China. Critical Minerals Deal: South Korea and Argentina signed an MoU to strengthen critical minerals supply chains, including lithium, supporting battery and advanced-industry demand.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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