Cyprus issues final building permit for EuroAsia converter station

摘要

The Republic of Cyprus has issued a final building permit for a converter station for the EuroAsia electricity interconnector linking the power systems of Cyprus, Israel and Greece, EuroAsia Interconnector Ltd said July 24. With all permits now in place in Cyprus, a EuroAsia Interconnector spokesman said the project was “just waiting for the green light from Brussels – it is a procedural matter.” Siemens was selected in May as preferred bidder for construction of a 2 GW high voltage direct current converter station. The Germany company is also to build a converter station in Crete, according to the spokesman. First-phase construction for a 1 GW interconnection is put at Eur2.5 billion, 50% of which is to come from EU funding.