Interest in Floating Wind Farm Investments in Cyprus
January 11, 2025
In Cyprus, representatives of foreign companies are showing interest in investing in floating wind farms. The discussions are in the early stages, but Cyprus aims to follow the lead of other European countries in the renewable energy sector. The proposed development area is located 18 nautical miles off the coast of Larnaca and is included in Cyprus's Marine Spatial Planning. This industry is expected to attract significant investments and contribute to the country's sustainable development.