Sixth wind park on the way

THE AGREEMENT for the creation of the island’s sixth wind park was signed yesterday at the Commerce Ministry.

The wind park belongs to ‘T.P. Aeolian Dynamics Ltd’ and will be created in Ayia Anna in Larnaca and will consist of six wind turbines  ‘VESTAS V-100’ that will be able to generate 1.8MW(megawatt) of power.

Minister Antonis Paschalidis said: “The agreement will be valid for 20 years and revenue for the project will come from the sale of energy to the Cyprus Electricity board and in the form of a grant from the Fund for Renewable Energy and Energy Conservation.”

According to the minister the sale of the energy will be €0.166 for every kilowatt hour (KWh) produced while 2.0 per cent of sales will be investmed in the communities around the wind park.

Work for the wind park is due to start immediately and the project will take about one year to complete.

The total cost of the project is estimated at €22 million, while total output is expected to be 29.500 MWh (megawatt hour) per year. The wind parks contribution to the islands total energy in 2012 is expected to be approximately 0.2 per cent, and 0.6 per cent of total electricity.

Chris Tsigas, one of the directors of ‘TP Aeolian Dynamics Ltd’, thanked the Commerce Ministry and the board of the Fund for Renewable Energy and Energy Conservation for all their help.

 

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