- Renewable Energy – Solar Energy Park, Monagrouli, Limassol
The Group have acquired on behalf of an international investment company a plot of land in Monagrouli, Limassol and it is currently developing its first photovoltaic park, handling every aspect of this exciting project from planning, permitting, design and construction.
The Photovoltaic Solar Power Plant has a capacity of 3.2MW and is scheduled for completion in July 2024.
The total investment is estimated to be c.€3,8m and the annual returns are expected to be in the region of 18% – 20%.