Cypriot Power Company EAC Looking to Rent Land for Solar Parks

Individuals and companies, but also municipalities and communities can propose by the end of the year to the Electricity Authority of Cyprus to lease their land for photovoltaic plants. The required size per lot was reduced in the new tender to 30,000 square meters from 65,000.

EAC requested for expressions of interest forcontracts of 27 yearsand it estimated the authorization period at six to twelve months. The new deadline is much longer than in the previous attempts from 2017.

According to an article in Philenews, the public call gives the opportunity to firms and individualowners with licenses to sell themand lease the land they wanted to install the solar arrays on. The proposals will be evaluated and accepted on an ongoing basis, the document reveals.

The utility, which controls the vast majority of electricity generation capacity in the southern part of the divided state, said it retains the right to renew the agreement on terms which it would negotiate with the owner upon or at termination.

The land should be mostly flat and in the shape of a square, with little or no trees and shading. The appropriate lots are next to roads and they are required to have legal access, EAC stressed. It is possible to qualify several units if they are adjacent. Neighboring pieces with separate owners are also suitable.

The lot must be free of any burdens or commitments or a written consent must be obtained from the relevant party. The proposals are valid for four months, according to the terms the EAC published.

(read full article https://balkangreenenergynews.com/cypriot-power-company-eac-looking-to-lease-land-for-solar-parks/)

 


EVENTS 1st Greek-Turkish Energy Forum Decarbonization Policies in South East Europe – between climate change and war

ADVISORY SERVICES Green Bonds

PUBLICATIONS The Greek Energy Sector 2023 South East Europe Energy Outlook 2021/2022 Long-Term Gas Contracting Terms, definitions, pricing - Therory and practice More

COOPERATING ORGANISATIONS IEA Energy Institute Energy Community Eurelectric Eurogas Energy Management Institute BBSPA AERS ROEC BPIE