Land lease agreement paves the way for construction of the EuroAsia Interconnector converter station in Cyprus
ISSUE OF THE TENDER DOCUMENTS for the award of the contracts for the construction of Stage 1 of the EuroAsia Interconnector Israel – Cyprus – Crete – Attica Estimated Budget: EUR 3.500.000.000
EuroAsia Interconnector remains resolute to its commitments and timeframes for implementation of electricity link
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Renewable energy can be produced from a wide variety of sources including wind, solar, hydro, tidal, geothermal, and biomass. By using more renewables to meet its energy needs, the EU lowers its dependence on imported fossil fuels and makes its energy production more sustainable.
To achieve its climate and energy goals, Europe needs to improve cross-border electricity interconnections. Connecting Europe’s electricity systems will allow the EU to boost its security of electricity supply and to integrate more renewables into energy markets.
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