Sia Solar Park with Battery Storage
This project has been sold.
Permits and licensing
CERA generation licence issued (Apr 2025) · Town planning permit issued (May 2025) · EIA approved · Land lease executed · EAC grid connection terms issued (ref 498000141 + Amendment 5, Jun 2025) · Substation sublease formalisation in progress
Grid and timeline
EAC preliminary terms issued Feb 2023 (ref 498000141); 5% acceptance deposit paid Feb 2023; Amendment 5 issued Jun 2025. Grid infrastructure cost confirmed ~€84k ex VAT. Final binding terms pending substation building permit + sublease (FL4145)
Target COD Q3 2027 (subject to EAC grid connection finalisation)
Technical summary
Indicative economics
Illustrative only — not an offer. Review the investor teaser and your advisers.
| Item | Indicative (€) |
|---|---|
| RTB acquisition (seller asking) | €1,760,000 |
| PV EPC | €2,304,000 |
| BESS EPC | €952,500 |
| Grid connection terms | €83,842 |
| Total indicative stack | €5,100,342 |
| Year-1 gross energy revenue (model) | €665,239 |
| Year-1 OPEX (indicative) | €102,627 |
Figures are indicative. Last reviewed: 2026-05-09. Lighthief Cyprus Ltd (HE 477423) — solarfarms.cy