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Selection of SIEMENS AG as the Preferred Bidder for the award of the contract of PCI 3.10 “EuroAsia Interconnector VSC HVDC Converters”
NICOSIA, March 27, 2020 – EuroAsia Interconnector Limited, the Project Promoter of the European electricity interconnection project PCI 3.10 linking the national grids of Israel, Cyprus and Greece through Crete, announces the selection of Siemens AG as the preferred bidder for the award of the contract for the construction of…
EuroAsia Interconnector construction to begin – Approval secured for converter station planning permit
Nicosia/Brussels, 20 November 2019 - The Planning and Housing Bureau of the Republic of Cyprus has approved the planning permit for which EuroAsia Interconnector Limited, the official project promoter of the European Project of Common Interest PCI 3.10 Israel-Cyprus-Greece, had submitted a relevant application, paving the way to begin the…
EuroAsia Interconnector remains resolute to its commitments and timeframes for implementation of electricity link
• In the final stage of capital increase and financial closure for entire project • EIA approved in Cyprus and relevant process underway in Greece NICOSIA, December 11, 2018 – EuroAsia Interconnector Limited, the project promoter of the flagship European Project of Common Interest (PCI) connecting the electricity grids of…
French Foreign Minister bestows Dr. Kasoulides with ‘Officer of the Order of Legion of Honour’
The Chairman of EuroAsia Interconnector Strategic Council awarded France’s highest decoration Nicosia, September 11, 2018 – Dr. Ioannis Kasoulides, Chairman of the Strategic Council of the EuroAsia Interconnector and former Foreign Minister of Cyprus, has received the highest decoration awarded by France – Officer of the Order of the Legion…
Trilateral Summit declares official support to ‘timely implementation’ of EuroAsia Interconnector
Nicosia, May 15, 2018 - The EuroAsia Interconnector, the official EU project developer of the 2,000MW electricity interconnector between Israel, Cyprus Crete – Attica, Greece and Europe, has welcomed the political support of the three leaders of Cyprus, Israel and Greece, as announced in the official declaration of the fourth…
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Electricity interconnection targets
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.
Renewable energy
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.
