Connect with us

Hi, what are you looking for?

Athens Times

Cyprus

European Commission approves €100 million funding for EuroAsia Interconnector

The developers behind the EuroAsia Interconnector aim to commission the first phase by the end of 2025

European Commission in Brussels

The Council of the European Union has approved the allocation of €100 million euros to the “EuroAsia Interconnector” electricity interconnector. It forms part of the Recovery and Resilience Plan (RRP) for Cyprus to end the energy isolation of Cyprus, the last non-interconnected EU member state.

The 2000 MW project, a European Union Project of Common Interest, aims to connect Cyprus, Crete, and Attica in Greece, and Israel with the rest of Europe.

It is expected to ensure the security of supply while creating an alternative electricity corridor to connect the East Mediterranean to Europe. The developers behind the EuroAsia Interconnector are committed to commissioning the first phase by the end of 2025.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

You May Also Like

International

Pope Francis stays only seven hours in the Hungarian capital Budapest

Covid-19

The provinces with the highest rates

International

It is our duty to offer our solidarity to a people who are suffering

Covid-19

They take off their masks - Normally concerts with thousands of people

International

This submarine gas pipeline in the Baltic Sea will double Russian gas supplies to Germany

International

He was President of Portugal from 1996 to 2006

Sports

He underwent surgery for a tumor and is recovering

International

Najib Mikati says he hopes to stop the collapse of the country as prime minister and restore prosperity

Advertisement