Presidential residence to have energy makeover

The proposal for an energy upgrade of the Presidential Palace in Nicosia is advancing on the implementation trajectory. The Electricity Authority of Cyprus (EAC) completed the proposal and sent it to environment commissioner Ioanna Panagiotou, who forwarded it to the presidency, Energy News reported. Sources of InBusinessNews revealed the authorities seek the project for the […]

Cuts in incentives to imperil biogas CHP plants

Changes expected to be introduced next year in the framework for the competitive electricity market can bring producers of electricity from biogas below breakeven. George Andreou, manager of Andreou Brothers Ltd. in Larnaca, told Cyprus News Agency the company’s assets will remain cost-effective after the abolition of subsidies from the special fund only if there is […]

EBRD supports expansion of solar energy in Cyprus

The European Bank for Reconstruction and Development (EBRD) said it is providing EUR 10 million in debt financing for the construction, development and operation of five photovoltaic parks with total capacity of 11.9 MW. The investment will strengthen efforts in Cyprus to reduce climate change emissions and dependency on imported fuels, according to the statement. […]

U.S. funds eye concentrated solar power projects

Nikos Kouyialis said two innovative solar parks must be completed by 2019. Their construction would generate up to 300 jobs, out of which 50 to 60 will be permanent, according to the Cypriot minister of agriculture and environment. During the ceremony of the signing of the Paris Agreement in the headquarters of the United Nations in […]

Seabed mapped for Greece-Cyprus power interconnection

Research ship Odin Finder, registered in Italy, finished the reconnaisance mission for the suitable route in the project of submarine cable EuroAsia InterConnector, which is planned to connect Cyprus and Greece, In-Cyprus reported. The exploration and mapping along the 518 kilometres from Vasiliko in Cyprus to the Greek island of Crete and then to the […]

Ghost town from Cyprus conflict may become smart city

Famagusta’s district of Varosha, also known as Kapalı Maraş, has been all but abandoned since the summer of 1974, but an ambitious plan may help its revival. In-Cyprus portal said the former tourist resort is in the focus of a bi-communal initiative, preparated in secrecy during the past year, to refurbish the crumbling hotel buildings […]

Renewables February 13, 2016

Cyprus, Israel mull models for boosting green energy

A power link between Cyprus, Israel and Greece called the EuroAsia Interconnector would improve the potential of Cyprus and Israel to further develop renewable energy sources (RES), said Eitan Parnass, director general and founder of the Green Energy Association of Israel and secretary of Global Solar Council. At a presentation about green energy and bilateral […]

Electricity January 26, 2016