Two calls for expressions of interest from consultants have been issued for the latest studies on an electrical interconnection project between Egypt and Greece to transport green energy.
The so-called GREGY project is managed by Elica SA, a subsidiary of Greek infrastructure investor Copelouzos Group. Once completed, a 3 GW HVDC connection between the two countries will transport 100% green energy.
The first tender covers desktop studies for the completion of an optimal submarine cable route and landing points in the two countries. The second tender is for an energy market analysis, technical analysis, calculation studies of benefit indicators and cost-benefit analysis of the project.
Consultants have been asked to submit expressions of interest to Elica by May 31.
The GREGY project was included in the European Union’s first Projects of Common Interest (PCI)/Projects of Mutual Interest (PMI) list, published earlier this month. This makes the project eligible for simplified permitting procedures, regulatory support and EU funding as it addresses the objectives of the EU Green Deal.
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