In unison with UNDP Cyprus, the European Commission is working on a study funded by the EU on a bicommunal solar power plant in Cyprus. It will be executed by a reputed German firm.
The study which will get funding worth EUR 325,000 from the Commission’s Aid Programme for the Turkish Cypriot community will be managed by the United Nations Development Programme (UNDP). The study, it is held, is significant to look into a more integrated and sustainable electricity system in Cyprus. Further, the study will pave the way for greater synergies between the two communities of the island. It will also aid the ambitions of the European Green Deal. Skilled professionals designated by each Cypriot community will also lend support to the study, which will reflect on the technical, regulatory, environmental, economic, and financial facets of the project.
The study will also be responsible for the identification of appropriate locations in the buffer zone while gauging the feasibility of technical options that seem lucrative. This will also entail energy storage capacity, for a solar power plant with a capacity of 30-50 MW. Thus the initiative is a significant one in the energy landscape of the country.
The results drawn from the study will be concluded at the end of 2023. It will shed light on the bicommunal power plant even in the future.