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

montenegro epcg bojan djordan bulatovic CEO

Montenegro’s EPCG appoints Bojan Đordan as acting CEO

21 October 2025 - Bojan Đordan is assuming the top position in EPCG after leading the state-owned utility's sector for renewable energy sources

serbia natural gas balkan stream russia bulgaria transit sanctions

Serbia warns of gas crisis as EU transit ban threatens Balkan Stream supply

21 October 2025 - Serbia is in a very difficult situation because, as of January 1, 2026, it won’t be able to receive Russian natural gas via Bulgaria, according to the Ministry of Mining and Energy

SANY International large PV BESS project southwestern Romania

SANY International takes over large PV-BESS project in southwestern Romania

21 October 2025 - Sany International (Singapore) acquired a project for a solar power plant of 95 MW in peak capacity combined with 218 MWh in battery storage

serbia electric vehicles filip mitrovic

Number of electric vehicles in Serbia reaches 6,000

20 October 2025 - The fleet of 6,000 electric vehicles (EVs) in Serbia is small compared to Europe, Filip Mitrović stressed