(AFP) Israel and Cyprus signed an accord Sunday to lay an underwater electricity cable between them, the first stage in a bid to transfer power between the Jewish state and mainland Europe. The cable, which the sides hope to complete by 2016, will stretch over 287 km. (178 miles) at a depth of 2,000 meters. The "Euro-Asia Interconnect" will have a capacity to transfer 2,000 MW. Additional underwater cables are to connect Cyprus and mainland Europe via Greece. "Israel will be able to receive backup (electricity) from Cyprus and Europe, and in the future, we will be able to provide them with energy," said Energy Minister Uzi Landau.
2012-03-06 00:00:00Full ArticleBACK Visit the Daily Alert Archive