Great Sea Interconnector

Greece: Uncertainty grows around Crete–Cyprus electricity link amid geopolitical and financial pressures Read More »

Greece: Uncertainty grows around Crete–Cyprus electricity link amid geopolitical and financial pressures

The future of the major submarine electricity interconnection between Crete and Cyprus, known as the Great Sea Interconnector, is now uncertain due to financial difficulties and geopolitical tensions. In response, Greek authorities and the transmission network operator ADMIE are considering an alternative plan to redirect the under-construction cable to the Aegean Sea. The situation developed […]

Greece: US DFC interested in participating in the Great Sea Interconnector project Read More »

Greece: US DFC interested in participating in the Great Sea Interconnector project

The US International Development Finance Corporation (DFC) has expressed an interest in participating in the Great Sea Interconnector project linking the electrical grids of Greece, Cyprus and Israel via undersea cables, Greece’s Independent Power Transmission Operator (IPTO) has said. With a capacity of 2,000 megawatts and bidirectional capabilities, the interconnector project aims to bolster energy

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