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May 11, 2020

ACQUISITION OF LICENSES FOR 10 MW EASYPOWER SOLAR PV PARK IN CYPRUS

ABIO Greenergy Acquires Licenses for a 10 MW Solar PV Park in Cyprus — Easypower

ABIO Greenergy is proud to announce the acquisition of the full development licenses for a 10-megawatt Solar PV Park in Cyprus, known as Easypower. This milestone marks a major step in ABIO Holdings’ strategic expansion throughout Europe and reinforces the company’s commitment to developing large-scale, sustainable energy assets in high-potential markets.

The Easypower project already holds all essential regulatory and environmental approvals required for ABIO Greenergy to proceed into the advanced stages of project development. With the licensing framework secured, the company will now begin detailed engineering, grid-interconnection planning, and financial structuring to bring the project toward construction readiness.

Cyprus remains one of Europe’s most attractive regions for solar PV deployment due to its strong year-round solar irradiation, rising electricity requirements, and increasing national focus on renewable energy integration. The Easypower Solar PV Park is expected to contribute meaningfully to the country’s clean-energy objectives and future CO₂ reduction commitments.

This acquisition strengthens ABIO Greenergy’s renewable energy pipeline and showcases the company’s ability to identify, secure, and advance high-value assets with strategic importance. The 10 MW Easypower project now stands as a cornerstone development within ABIO Greenergy’s European portfolio and represents another significant achievement in the company's long-term growth strategy.