News

On track for 2020 green energy share target

Published

September 9, 2015

Comments

comments icon

0

Share

Published:

September 9, 2015

Comments:

comments icon

0

Share

Renewable energy sources constituted 8.7% of the market in Cyprus in 2014, ahead of the 2015–2016 target set by the relevant European Directive of 7.45%, it emerged, according to Cyprus Mail. The national target by 2020 is 13%.

At a news conference prior to the 11th Savenergy exhibition, which took place on September 18–20, organizers stressed the need to use alternative energy sources. Deputy director of the Energy Department at the Ministry of Energy Constantinos Xicheilos said the state’s strategy was based on three main pillars: use of renewables, energy saving and use of natural gas. According to him, Cyprus today operates six wind parks with a total installed capacity of 157.5 MW, a large number of small and large photovoltaic systems, with a total installed capacity of 71 MW, as well as 10 plants of biomass with a total capacity of 10.7 MW. Xicheilos added the ministry, in cooperation with energy regulator CERA, promotes net metering projects for the housing sector and self-production for businesses.

He said that on August 4, the maximum demand for electricity in Cyprus was 1,013 MW,  and that renewables contributed a total of 90 MW, of which 50 MW from photovoltaic systems, the article adds.

Related Articles

masdar socar green solar power projects azerbaijan

Masdar, SOCAR join forces on 760 MW of solar in Azerbaijan

23 November 2024 - Masdar and SOCAR Green have reached financial close for the 445 MW Bilasuvar and 315 MW Neftchala solar projects in Azerbaijan

wind farm ljubusa tomislavgrad

Concession signed for 80 MW wind farm in Tomislavgrad

22 November 2024 - Alpha Wind has been granted a concession to build the 80 MW Ljubuša wind farm in the municipality of Tomislavgrad.

zagreb waste management center tomasevic

Zagreb picks technological solution for city’s waste management system

22 November 2024 - The city has selected technological solution C, one of three proposed, based on an analysis of municipal waste processing technologies

Dentons advises EnergoNuclear EPCM deal Cernavoda

Dentons advises EnergoNuclear on EPCM deal for Cernavodă project

22 November 2024 - Dentons advised EnergoNuclear on an engineering, procurement, and construction management (EPCM) contract for Cernavodă 3 and 4