Venezuela proposes to finance solar projects in Petro at the Solar Alliance Summit

Venezuela proposes to finance solar projects in Petro at the Solar Alliance Summit

(AVN) – In the Fundamental Summit of the International Solar Alliance that was installed this Sunday in the city of New Delhi, India, the Bolivarian Government presented a proposal for the financing projects for solar energy in the Venezuelan cryptocurrency El Petro.

“Today we had the opportunity to give a great announcement in New Delhi, that through Petrocaribe, to our brother countries of the Caribbean, President Nicolas Maduro has launched a project financing initiative for solar energy, projects that will be financed with Petros, the Venezuelan virtual currency, “Foreign Minister Jorge Arreaza said in a video released by the Foreign Ministry on his Twitter account.

He indicated that this project will have all the logistics and capabilities of the joint ventures of Petrocaribe, an alliance born in June 2005, as an initiative of the leader of the Bolivarian Revolution, Hugo Chavez, for a favorable, equitable and fair exchange between the States.

“Venezuela has a great responsibility to develop solar energy despite being a producer of oil by nature and definition, however socialist ethics says we have to develop new types of energy and of course clean and renewable energy,” he said.

The 121 countries with the highest solar exposure, located in the Tropics of Cancer and Capricorn, participate in this summit. The participating countries are conceived as a coalition of countries rich in solar resources.

“Solar energy in this area of the world where the tropics we share in the south, especially in Latin America and the Caribbean, Africa and Asia, we also have to be responsible and generate our types of energy,” he said.

Arreaza holds together with the ministers for oil, Manuel Quevedo, and foreign trade and foreign investment, Jose Vielma Mora, a work agenda in India to strengthen relations between the two nations.


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