The biggest photovoltaic park in Cyprus will be operational by next month, the Electricity Authority of Cyprus (EAC) said on Tuesday.
The park, situated in Tseri, outside Nicosia will produce 5,000 MWh per year of electricity, the EAC said. It consists of 12,000 solar panels across 4.6 hectares. It will save 3,600 tonnes of CO2 emissions a year.
The work was licensed under a tendering procedure launched by the Special Fund for Renewable Energy Sources (RES ) and Energy Saving (ES ) in 2012.
The contract was awarded in January 2013, and the park will sell electricity at 8.6 cents per kwh.
The cost of the project is € 3.3 million.