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.

Construction on two solar parks is set to commence this month with Solarfirst Investments Ltd and Bioland Group investing into the projects. Having a strong background in the field, the two partners are going to develop these projects by utilising Cyprus’ rich solar assets.

Solarfirst Investments Ltd company was created by Solarfirst Limited, a subsidiary of Justy Business Ltd, and its primary investments revolve around the provision of clean energy projects together with Bioland Group. At initial stage the company shall launch a portfolio of solar parks with total installed capacity of 9.7 MW.

Two additional photovoltaic parks, with a total capacity of 2.5MW were completed and connected to the EAC national network, from L&T Sun Power Ltd. The two parks are part of a larger development program of photovoltaic parks of the company, aiming at producing energy from Renewable Energy Sources with a total capacity of 10MW.

L&T Sun Power Ltd, combines the joint efforts and the common goal of the investors and company's shareholders which are Justy Business Ltd of Dr. Kirill Zimarin and Mr. Andrey Vedenkov, Lanitis Energy Ltd, of the Lanitis family and T.P. Timotheou Ltd, of Mr. Timotheos Timotheou for the continuous supply and the enrichment of the energy production balance in Cyprus from environmentally friendly sources. This privately funded investment is substantially helping Cyprus meet its EU obligations and the overall goal for greener energy.

Another photovoltaic parks with installed capacity of 5 MW got off the ground in Cyprus. The project is run by Solarfirst Limited, owned by Justy Business, Lanitis Energy Ltd and T.P. Timotheou Ltd.

The start of construction of another solar parks in Cyprus represents an important milestone of partnering companies and the country itself helping to achieve its renewable goals.

In July 2020, three social housing facilities financed by Justy Business opened its doors for those in need. Three dwellings are located in convenient areas of Ferdinandstrasse, Grunbergerstrasse and Hubertus Allee and are fully ready for the comfortable living.

The new well-functioning housing units that are fully furnished and equipped with all essential home appliances, will help transform the quality of life of individuals and families.