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This week, Egypt signed an agreement with Cyprus for the development of a 2,000-megawatt undersea high-voltage direct current cable system, which aims to interconnect
Egypt's power grid with Europe by connecting Egypt with Cyprus.
According to the agreement, the project, known as the EuroAfrica Interconnector for Europe-Africa Grid Interconnection, will be completed in two phases, with 1,000 MW of transmission capacity in the first phase and the remaining 1,000 MW in the second phase
.
The signing of the agreement follows the conclusion of a feasibility study carried out by the initiator of the project, EuroAfrica Interconnector, which showed the benefits of the project and its maturity to allow it to move into the implementation phase
.
In a statement after the signing ceremony, the representative of Egypt said: "Cyprus is now the main hub for the transmission of electricity from Africa to Europe, and Egypt positions itself as a regional energy center
for the transmission of electricity from Africa to the Arabian Peninsula.
" This project is the first practical implementation of our foreign policy vision for relations with the Eastern Mediterranean
.
”
Cyprus said the signing of this historic agreement is the beginning of a project that will bring social, economic and political benefits
to both countries.
At the same time, this historic project is important for Egypt's strategic plan for economic development and energy security, and the Euro-Africa Grid Interconnection is connecting Egypt to the European grid through Cyprus, and Egypt will become an important European power and energy partner
.
This week, Egypt signed an agreement with Cyprus for the development of a 2,000-megawatt undersea high-voltage direct current cable system, which aims to interconnect
Egypt's power grid with Europe by connecting Egypt with Cyprus.
According to the agreement, the project, known as the EuroAfrica Interconnector for Europe-Africa Grid Interconnection, will be completed in two phases, with 1,000 MW of transmission capacity in the first phase and the remaining 1,000 MW in the second phase
.
The signing of the agreement follows the conclusion of a feasibility study carried out by the initiator of the project, EuroAfrica Interconnector, which showed the benefits of the project and its maturity to allow it to move into the implementation phase
.
In a statement after the signing ceremony, the representative of Egypt said: "Cyprus is now the main hub for the transmission of electricity from Africa to Europe, and Egypt positions itself as a regional energy center
for the transmission of electricity from Africa to the Arabian Peninsula.
" This project is the first practical implementation of our foreign policy vision for relations with the Eastern Mediterranean
.
”
Cyprus said the signing of this historic agreement is the beginning of a project that will bring social, economic and political benefits
to both countries.
At the same time, this historic project is important for Egypt's strategic plan for economic development and energy security, and the Euro-Africa Grid Interconnection is connecting Egypt to the European grid through Cyprus, and Egypt will become an important European power and energy partner
.
