HomeNewsDevelopment of solar PV and energy storage in Akaki, Cyprus, in the...

Development of solar PV and energy storage in Akaki, Cyprus, in the pipeline

Plans are underway for the development of 72MW and 41MW/82MWh Solar PV and energy storage in Akaki, Cyprus. A proposal and an environmental impact assessment (EIA) for the project, which would be the biggest of either technology type to date have already been submitted.

The Cyprus Ministry of Agriculture, Rural Development and Environment received the EIA last month from AGM Solar power-Limited and AGM Lightpower Limited. The consultation period will end on April 2nd, 2023. Thus, the companies anticipate that work on the solar PV and energy storage in Akaki will begin in 2025 and be completed by 2028.

Search for construction leads
  • Region/Country

  • Sector

Cyprus wants to generate 23% of its energy from renewable sources by 2030. It currently depends on fossil fuel imports for three thermal power stations totaling 1480MW, now serving most of its electricity needs. On top of the co-located solar PV and energy storage in Akaki, EIAs were forwarded to the Ministry portal for an additional (approximately) 50MW of solar PV projects in February.

Read also: Work starts on 300MW/600MWh battery energy storage in Blackhillock, Scotland

Solar PV and energy storage in Akaki, a part of the ongoing development of renewable energy storage projects in Island nations

Island nations worldwide are implementing combined renewable and energy storage projects. As a result, the projects will help lessen their reliance on fossil fuels. Furthermore, it will guarantee that the energy produced by renewable sources can be used when it is most needed. Recently, it was reported that a French company had been awarded contracts in Mauritius. The firm will supply 60MW of solar PV projects with attached BESS units.

Hitachi Energy has also installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands. The project has significant advantages for a connected wind farm and is intended for utility SEV. The energy solutions division of the Japanese conglomerate Hitachi provided the BESS. In January, a solar and storage project with a 2.1MW BESS also began construction on the island of Anegada in the British Virgin Islands.

Must Read

Framed Allure at Billionaires’ Row in Palm Jumeirah, Dubai, handed over

Framed Allure at Billionaires’ Row in Palm Jumeirah, has successfully been delivered by CK Architecture. This is one of the two signature villas CK...

World’s largest rooftop-mounted solar power plants

Rooftop-mounted solar power plants are relatively small in terms of area coverage and installed capacity compared to ground-mounted installations. This is because they are...

Construction of Msenge Wind Farm in South Africa to commence

Msenge Wind Farm in South Africa, the country's first utility-scale private wind farm, is ready for construction near Bedford, Eastern Cape. This is after...

Los Angeles Overland & Ayres project receives construction financing

Los Angeles Overland & Ayres, a 201-unit, best-in-class multi-housing community in California, has received $84 million in construction finance. This was revealed by JLL...

US$ 131M loan secured for 23-10 42nd Road development in New York

A US$ 131M loan has been secured for the implementation of the 23-10 42nd Road development in New York. This was revealed by the...

Installation of 47 groundwater pumping stations in South Sudan in the pipeline

Plans are being laid for the establishment of 47 groundwater pumping stations in South Sudan. The venture was formally announced on March 3, 2023,...
Kenneth Mwenda
Kenneth Mwenda
Kenneth Mwenda is a business and sports writer. He joined ConstructionReview in February 2019, where he contributes to writing construction news and projects. Kenneth graduated with a Bachelor of Commerce degree (Finance) from The Cooperative University of Kenya. He has over three years of experience in content writing.

LEAVE A REPLY

Please enter your comment!
Please enter your name here