As Europe is increasing its solar PV capacity to reach its goal in the REPowerEU plan, countries in the bloc are accelerating solar PV installation. But some EU countries also look at the solar potential in North Africa, as the region boasts better solar irradiance and longer sunshine hours.
Electrification cable manufacturer Nexans has been awarded a €1.43 billion (US$1.59 billion) contract for a portion of the EuroAsia Interconnector subsea cable, connecting Greece and Cyprus.
Infinity Power and Greek infrastructure investor Copelouzos Group has signed a Memorandum of Understanding (MoU) to develop a project that can carry green energy from Egypt to Europe.
