05.08.2026 • 17:32
The bid to link the power grids of Greece and Cyprus received a new boost Wednesday with French investment group Meridiam joining the Great Sea Interconnector project as a majority stakeholder, in an agreement with a strong financial and geopolitical footprint.
The deal signed at the Greek prime minister’s Athens office, in the presence of Kyriakos Mitsotakis, opens a new chapter in one of the biggest and most complex energy projects in the eastern Mediterranean Sea.
Mitsotakis hailed the agreement as “an important step forward” for the GSI, which he called “a project of strategic importance for Greece and Cyprus but also for Europe as a whole.”
“It will help essentially end Cyprus ‘s energy isolation,” Mitsotakis said.
Showing posts with label EU Electricity Interconnection. Show all posts
Showing posts with label EU Electricity Interconnection. Show all posts
Wednesday, August 5, 2026
Thursday, June 1, 2017
Energy islands: Symbols of transformation and independence - EURACTIV
1 June 2017
Stuart Reigeluth
Malta epitomises the value of islands in leading the transition to cleaner sources of energy, and ultimately in symbolising the potential for energy independence, writes Stuart Reigeluth.
South of Sicily, east of Tunisia, north of Libya, Malta seems far from Europe as the Mediterranean Member State par excellence, encapsulating all the dynamic hybridity of cultural exchange between the different sides of the sea. But it’s not so much its geographic location that make Malta fitting for representing the energy transition, rather that it is essentially a big limestone sitting on an aquifer, meaning that it’s water and energy sources are paramount to its survival.
Like most islands, Malta has been nearly 100% dependent on imported fossil fuels. And in addition, being located on a limestone, Malta relies on numerous desalination plants to provide clean water to its inhabitants and tourists. The problem with desalination is that it takes all the minerals out of the water (most people end up buying bottled water for drinking) and the process is very energy-intensive, which means more pollution and waste if renewables are not integrated properly.
Stuart Reigeluth
Malta epitomises the value of islands in leading the transition to cleaner sources of energy, and ultimately in symbolising the potential for energy independence, writes Stuart Reigeluth.
South of Sicily, east of Tunisia, north of Libya, Malta seems far from Europe as the Mediterranean Member State par excellence, encapsulating all the dynamic hybridity of cultural exchange between the different sides of the sea. But it’s not so much its geographic location that make Malta fitting for representing the energy transition, rather that it is essentially a big limestone sitting on an aquifer, meaning that it’s water and energy sources are paramount to its survival.
Like most islands, Malta has been nearly 100% dependent on imported fossil fuels. And in addition, being located on a limestone, Malta relies on numerous desalination plants to provide clean water to its inhabitants and tourists. The problem with desalination is that it takes all the minerals out of the water (most people end up buying bottled water for drinking) and the process is very energy-intensive, which means more pollution and waste if renewables are not integrated properly.
Tuesday, February 7, 2017
EuroAfrica cable enters crucial phase - CYPRUS MAIL
February 7, 2017
Angelos Anastasiou
The EuroAfrica Interconnector, a planned subsea electric cable connecting the Egyptian, Cypriot and Greek power grids to continental Europe has entered a crucial phase of conducting project studies with a signing ceremony for a memorandum of understanding among all parties having taken place on Monday.
The officials attending the signing ceremony in Cairo endorsed their commitment to implementing the EuroAfrica Interconnector energy bridge connecting Egypt, Cyprus, and Greece with the European electric network with 2000MW.
The aim of EuroAfrica is to offer significant economic and geopolitical benefits to the involved countries and contribute to the European Union’s target for 10 per cent of electricity interconnection between member states.
President of EuroAfrica Interconnector Nasos Ktorides said that this inspired partnership can only bring benefits to the three participating nations.
The EuroAfrica Interconnector, a planned subsea electric cable connecting the Egyptian, Cypriot and Greek power grids to continental Europe has entered a crucial phase of conducting project studies with a signing ceremony for a memorandum of understanding among all parties having taken place on Monday.
The officials attending the signing ceremony in Cairo endorsed their commitment to implementing the EuroAfrica Interconnector energy bridge connecting Egypt, Cyprus, and Greece with the European electric network with 2000MW.
The aim of EuroAfrica is to offer significant economic and geopolitical benefits to the involved countries and contribute to the European Union’s target for 10 per cent of electricity interconnection between member states.
President of EuroAfrica Interconnector Nasos Ktorides said that this inspired partnership can only bring benefits to the three participating nations.
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