ALBAWABA - Cyprus and Greece signed a memorandum of understanding (MoU) to develop a submarine electricity interconnection project. This project will be the world’s longest undersea electrical interconnection as it aims to connect Europe’s electricity grids with the eastern Mediterranean. Great Sea Interconnector This new project, named the “Great Sea Interconnector,” will connect Cyprus to the European electricity grids at an estimated cost of approximately $2.12 billion (€1.9 billion). The ...