Blog
Cypriot firm gets tech to build cost effective power generators
March 1, 2018
By Stelios Orphanides
The Cypriot company Thalis Engineering Co. Ltd. is planning to set up a plant that will produce a renewable energy generator capable of producing power at a faction of the cost of other conventional or renewable technologies after acquiring the necessary patents.
“We are in the middle of certifying our product and commercialising it,” said Pavlos Liassides, one of the two investors, said in an interview on Tuesday. The company already has two projects for the construction of two powerplants in Greece and Cyprus which will employ 23,000 such power generators, each with a production capacity of 7 kW (kilowatt).