Contract signed for seventh wind farm

THE CONTRACT for a seventh wind farm, to be constructed in Mari, Larnaca, was signed yesterday at the Commerce Ministry,

Work on the farm is expected to be completed by the second quarter of 2012.

The farm will contain 4 Vensys-v-82 type wind turbines with a capability of 1.5 megawatts each, with overall production expected to reach 11, 293 megawatt-hours per year.

It will be constructed by Ketonis Development Ltd with the cost of the project estimated at €10.1 million.

The contract will be effective for 20 years whereby the wind farm will generate revenue by selling energy to the electricity authority. It will also be financed by the Special Fund for Renewable Energy Sources and Energy Saving.

Only one wind farm, at Orites Paphos, is fully operational, all the others are still being built. There are currently wind farms under construction in areas such as Ayia Anna, Koshi and Psevda among others.

According to Commerce Minister Antonis Paschalides, the project is part of a grants scheme to encourage the production of electricity through wind farms, photovoltaic systems and biomass.

 

 

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