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IPTO is new project promoter for Greece-Cyprus-Israel electricity interconnector
Athens/Nicosia, October 6, 2023 – EuroAsia Interconnector Limited, project promoter of the European Project of Common Interest (PCI 3.10) and the Independent Power Transmission Operator (IPTO) of Greece, announce they have reached an agreement for the designation of IPTO as Project Promoter of the Electricity Interconnection between Greece, Cyprus and…
EuroAsia Interconnector awards world record HVDC subsea cables contract to Nexans
EuroAsia Interconnector has awarded Nexans with the turnkey contract engineering, construction and installation of the HVDC Cable Systems for the Cyprus-Greece link of the EuroAsia Interconnector The interconnector will deliver up to 2,000 MW of energy at stage 2 to Europe and will be the largest submarine electricity interconnector in…
EuroAsia Interconnector Owner’s Engineer Services
Nicosia, February 10, 2023 – CONTRACT NOTICE – Provision of Owner’s Engineer Services for the Cyprus – Greece (Crete) Link of the EuroAsia Interconnector Estimated Value: 5.000.000,00 EUR
Positive opinion with decision 76/2022 from the Environment and Planning Committee of the Region of Crete
Heraklion-Nicosia, January 3, 2023 – EuroAsia Interconnector announces that on December 29, 2022, the Environment and Planning Committee of the Region of Crete with its decision no. 76/2022, has given a positive opinion on the environmental conditions of the Environmental Impact Study (EIA) of the Cyprus-Greece (Crete) Electricity Interconnection Project…
EuroAsia Interconnector moving forward with Nexans
Nicosia, 30 December 2022 – The EuroAsia Interconnector, following the signing on November 10, 2022, of the Reservation Agreement with Nexans, which constitutes a critical step for the EuroAsia Interconnector, is moving forward focusing on the implementation timeframe. The EuroAsia Interconnector links the national electricity grids of Israel, Cyprus and…
EuroAsia Interconnector moves forward towards the implementation of the Cyprus-Israel electricity interconnector
Nicosia, 26 October 2022 – An important coordination meeting took place in Nicosia between the EuroAsia Interconnector Project Developer, the Cypriot and the Israeli regulatory authorities and the chairmen of the regulatory authorities, regarding the EuroAsia Interconnector electricity interconnection that will link the national electricity grids of Israel and Cyprus…
Selection of Nexans Norway AS as the Preferred Bidder for the award of the contracts
“Engineering, Procurement, Construction and Installation of the HVDC Cable Systems for the Cyprus - Greece (Crete) Link of the EuroAsia Interconnector” NICOSIA, July 04, 2022 - EuroAsia Interconnector Limited, the Project Developer of PCI 3.10 EuroAsia Interconnector, announces the selection of Nexans Norway AS as the preferred bidder for the…
Ursula von der Leyen: EuroAsia Interconnector, Cyprus, Greece and Israel will help free EU from energy dependence
Nicosia, June 14, 2022 – Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply. She added this will be…
Management Team VACANCIES
The EuroAsia Interconnector is a 2,000MW multi-terminal interconnector which connects the national electricity grids of Israel, Cyprus, Greece, with Europe. EuroAsia Interconnector is the longest 1,208km and deepest up to 3,000m HVDC interconnector in the world. It ends the energy isolation of Cyprus, ensures security of supply for Israel, Cyprus…
EU Funding – CEF of €657million for the EuroAsia Interconnector
Statement by the Project Promoter of the EuroAsia Interconnector Electricity Interconnection Israel Cyprus Greece-Europe On this occasion of the CEF grant approval by the European Commission, the Project Promoter would like to warmly thank: the President of the Republic of Cyprus, Mr Nicos Anastasiades, for the continued support and cooperation…
European Commission approves €100 mln grant for EuroAsia Interconnector electricity interconnection
President von der Leyen: EuroAsia Interconnector will end energy isolation of Cyprus and connect island to the European continental network Nicosia, July 26, 2021 – In a landmark decision, the Council of the European Union has approved the allocation of a €100 mln grant to the EuroAsia Interconnector electricity interconnection…
Binding Offers from Nexans and Prysmian for the HVDC 500kV Cables of the 1000MW Cyprus – Greece (Crete) Link PCI 3.10.2 EuroAsia Interconnector
“Engineering, Procurement, Construction and Installation of the HVDC Cable Systems for the Cyprus - Greece (Crete) Link of the EuroAsia Interconnector” Nicosia, April 23, 2021 – EuroAsia Interconnector Limited, the Project Developer of the European electricity interconnection project PCI 3.10 linking the national grids of Israel, Cyprus and Greece (Crete),…
Cyprus, Israel, Greece Energy Ministers sign historic cooperation MoU for EuroAsia Interconnector
Nicosia, March 8, 2021 – The three Ministers of Energy of Cyprus, Israel and Greece – Ms Natasa Pilides, Dr Yuval Steinitz and Mr Kostas Skrekas – signed the historic Memorandum of Understanding (MoU) on cooperation in relation to the EuroAsia Interconnector Project of Common Interest (PCI3.10). The signing ceremony,…
Cyprus President Anastasiades reiterates his full support to EuroAsia Interconnector
Prioritises the promotion of Projects of Common Interest of the highest importance for the European Union. Nicosia, 22 December, 2020 The President of the Republic of Cyprus, Mr. Nicos Anastasiades, has reiterated his “full support” to the project of greatest importance EuroAsia Interconnector during his address delivered at the “8th…
Final building permit issued for EuroAsia Interconnector converter station in Cyprus
Nicosia, July 24, 2020 – The Republic of Cyprus has issued the final building permit to EuroAsia Interconnector, the official project developer of the European Project of Common Interest PCI 3.10 Israel-Cyprus-Greece (Crete), for the construction of the high voltage direct current (HVDC) converter station in Cyprus. The issue of…
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…
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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.
