Sia Solar Park with Battery Storage
Investor pack — indicative materials only; not an offer to sell securities.
Permits & 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 & 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) | €600,000 |
| PV EPC | €2,390,400 |
| BESS EPC | €952,500 |
| Grid connection terms | €83,842 |
| Total indicative stack | €4,026,742 |
| Y1 gross energy revenue (model) | €705,918 |
| Y1 OPEX (indic.) | €98,219 |
Materials are indicative and confidential. BESS 2.5 MW / 7.5 MWh (3h) sized for E-W 10° curtailment profile (~45% base vs 50% south). PV yield from PVGIS E-W model (scripts/pvgis-park-yield.py, Jun 2026). Figures based on Lighthief EPC pricing and TSOC DAM sample (Oct 2025 – Feb 2026). Last reviewed: 2026-05-09. Lighthief Cyprus Ltd (HE 477423) — solarfarms.cy