A new large-scale photovoltaic park, which will convert solar energy into electricity using special panels, is to be built in the Limassol area.
Universal Green Energies Ltd recently submitted its new project to the Cyprus Environment Ministry for review.
According to the release, the large power plant, which will use the latest photovoltaic energy technology, will be located within the administrative boundaries of the municipalities of Vasa, Asgata and Sanida. According to the release, the investor will install hundreds of solar panels with a total capacity of 100 MW. This will enable residents in the surrounding areas to reduce their electricity bills.
The photovoltaic park will cover an area of more than 200,000 m2 and will generate 11,230 MWh/year at its maximum capacity.
As outlined in the related Environmental Impact Assessment (EIA) study, the ultimate goal of the project is to help meet the region's energy needs and reduce the country's dependence on imported and non-renewable energy sources.
Construction is expected to start in 2025 and take approximately 15 months, with the project being implemented in one phase.
It should be remembered that in Cyprus the sun shines almost 365 days a year, so the problem of economical electricity consumption is mainly solved by the construction of photovoltaic parks.
Unlike burning coal, solar energy does not cause the greenhouse effect that exacerbates global warming. Furthermore, solar energy can play an important and cost-effective role in overcoming Cyprus' dependence on fossil fuels.
Improved ways of storing solar energy can also improve the sustainability of the energy system. By storing extra energy on sunny days, batteries ensure that electricity is available when the weather is cloudy or when cyclones knock out traditional power lines. As a result, consumers in Cyprus can enjoy more reliable energy at a lower cost. These ambitious investments are not only good climate policy, but also a great opportunity for Cyprus to invest in itself and its future.