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GREEK NEWS

Energy Map Changes After Israel, Cyprus and Greece Electricity Link

Electricity cable Greece Israel CyprusThe electricity cable will be finished within 48 months, experts say. Credit: Screenshot/You Tube video/ Musisi Henry

The electricity cable that will link the power grids of Israel, Cyprus and Greece got a major boost by the EU on Thursday which earmarked 657 million euros ($736 million) for its construction.

Cyprus has hailed to decision for the 2,000-megawatt undersea electricity cable. The President of Cyprus Nicos Anastasiades said that the approval of the project by the EU, dubbed the “Eurasia Interconnector”,  ends Cyprus’ energy isolation and connects the Eastern Mediterranean with Europe.

“A project that ensures the energy efficiency of our country and opens the way to the European market, while strengthening our goals for the transition to a green economy.”

Χάρις στην τριμερή συνεργασία 🇨🇾🇬🇷🇮🇱, το έργο EuroAsia #Interconnector γίνεται πραγματικότητα.

Η έγκριση των 657 εκ. € από τον 🇪🇺 Μηχανισμό «Συνδέοντας την Ευρώπη», τερματίζει την ενεργειακή μας απομόνωση και συνδέει την Αν. Μεσόγειο με την Ευρώπη.#CEF @EuroAsia_HVDC pic.twitter.com/9McUQz0pJO

— Nicos Anastasiades (@AnastasiadesCY) January 27, 2022

Grecian Delight supports Greece

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