The European Commission together with UNDP Cyprus has launched an EU-funded study for a bicommunal solar power plant in Cyprus, which will be carried out by a renowned company from Germany.
Funded by the Commission’s Aid Programme for the Turkish Cypriot community with EUR 325,000 and managed by the United Nations Development Programme (UNDP), this study is an important step in building a more integrated and sustainable electricity system in Cyprus.
It is expected to foster cooperation between the two communities of the island while supporting the objectives of the European Green Deal. Experts appointed by each Cypriot community will also participate in the study.
The study will assess the technical, regulatory, environmental, economic, and financial aspects of the project. It will identify suitable locations in the buffer zone and explore the most promising technical options, including energy storage capacity, for a 30-50 MW solar power plant capacity – a significant leap towards a greener and more sustainable energy landscape in Cyprus.
The results of the study will be finalised towards the end of the year and provide insights and recommendations for the future development of the bicommunal power plant.