Investing in a solar parks in Cyprus

Investing in a solar parks in Cyprus
Investing in a solar parks in Cyprus
Investing in a solar parks in Cyprus
Investing in a solar parks in Cyprus
Investing in a solar parks in Cyprus
Investing in a solar parks in Cyprus

Our company invites you to consider one of the popular investment destinations in Cyprus, the production of green energy – Solar Parks. All data and prices only directly from the owner!

Electricity production in Cyprus is dominated by conventional power plants. EAC owns three main operating conventional power plants with a total capacity of 1478 MW.
• RES: 310 MW installed and 140 MW under implementation
• Cyprus target with RES -> 1250 MW to be revised upwards
• Market liberalization in the second quarter of 2023.

COST COMPONENTS OF EACH PROJECT:
• Plot (purchase/lease).
• Design and licensing.
• Construction cost.
• Grid connection fees are usually the most variable part of the cost, which separates good investment options from great ones.
• Operating costs.
• In the free market, licenses are issued to companies wishing to become energy suppliers.
• An energy supplier buys energy from a producer (eg the owner of a photovoltaic plant) and sells it to consumers.
• Private Purchase Agreements (PPAs) are signed between a producer and a supplier for the purchase of energy.
• Typical term of the agreement.
• Fixed contract: 5-7 years.
• Variable contract: > 10 years (depends on cost of prevention).
• Termination cost – linked to the cost of power generation by the Cyprus Electricity Authority.
• In the PPAs signed to date, the sale price of energy produced by the producer to the supplier is set at 75%-80% of the cost of terminating the contract.

WE OFFER:
• Sites in EPA approved areas.
• Lease/purchase agreement for already secured plots.
• Connection fee calculation already provided by the Electricity Supply Authority.
• PPA depending on the project already signed or we help in negotiations
• Assistance in establishing a legal entity in Cyprus

CURRENT OFFERS FOR TODAY:

  • Projects of solar parks with ready-made licenses.
  • Solar parks under construction.
  • Operating solar parks with licenses.

You can get detailed information by contacting our company – contacts.

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