Fifth windfarm

A CONTRACT for the construction of a fifth wind farm in Cyprus will be signed today at the Commerce Ministry.

Moglia Trading Ltd will build the wind farm in the Koshi area in the Nicosia district, consisting of six Vesta type wind turbines, with a total capacity of 10.8 megawatt-hours (MWh).

Work on the project will start immediately and is due to be completed by the end of 2011, while its total cost is estimated at €21.1m.

The contract will be effective for 20 years, whereby the wind farm will generate revenue by selling energy to the Electricity Authority of Cyprus and from the Special Fund for Renewable Energy Sources and Energy Saving.

The wind farm will charge €0.166 for every kilowatt-hour (kWh) produced, which will be fed into the transmission and distribution networks.

Total output per year is expected to reach 34,000 MWh, amounting to 0.2 per cent of total energy consumption and 0.6 per cent of total electricity consumption estimated for 2012.



The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.