More energy production from photovoltaic parks in Cyprus

29/10/2020

Following the delivery and connection to the EAC network of the two photovoltaic parks last August, L&T Sun Power Ltd proceeded with the completion of two more photovoltaic systems with a total capacity of 2.5MW. One in Frenaros with a capacity of 1.5 MW and one in Avgorou with a capacity of 1MW.

The above parks are part of a larger energy program of photovoltaic parks development of the company, aiming at the production of energy from Renewable Energy Sources with a total capacity of 10MW. The overall project is expected to be completed soon with the delivery of a larger park of 5MW capacity.

The main purpose of L&T Sun Power Ltd is the continuous supply and enrichment of the energy production balance in Cyprus, from environmentally friendly sources, thus combining the efforts and the common goal of the investors and shareholders of the company, Justy Business Ltd of Dr. Kirill Zimarin and Mr. Andrey Vedenkov, of Lanitis Energy Ltd of the Lanitis family and of T.P.Timotheou Ltd of Mr. Timotheos Timotheos. This self-financed investment contributes significantly to the efforts of Cyprus, to keep pace with the goals set by the European Union to increase the production of "green energy".

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