Work on the Cyprus-Greece Interconnector is moving forward. This is according to Manos Manousakis, the head of Greece’s power grid operator. He spoke about the project’s progress at a recent investment conference in Athens.
Underwater surveys are currently happening in the waters of both Cyprus and Greece. Manousakis expects more news about the project’s €1.9 billion funding by the end of 2024.
As for the Cyprus-Israel Interconnector, a study on the project’s costs and benefits is underway. Results from this study are expected in early 2025.