Energy Efficiency

Cyprus to issue EUR 30 million public call for energy efficiency in households

Cyprus announces EUR 30 million public call for energy efficiency in households natasa pilides

Photo: Ministry of Energy, Trade and Industry

Published

February 1, 2021

Country

Comments

0

Share

Published:

February 1, 2021

Country:

Comments:

0

Share

The Ministry of Energy, Trade and Industry has announced a public call for grants to help citizens in single-family houses and apartment buildings improve energy efficiency.

The plan is to spend EUR 70 million over the 2021-2027 period, and the first public call, scheduled for March 9, will be worth EUR 30 million.

Minister of Energy, Trade and Industry Natasa Pilides said that an additional EUR 7-8 million a year will be given as incentives under the special RES & EE fund for energy upgrades and the use of renewable energy sources.

The energy renovation plan is intended for citizens, not businesses

The energy renovation plan is intended for citizens, homeowners with permanent residence in Cyprus, and also for apartment buildings, but all owners of these buildings must send a joint application. Owners of these buildings must not be businesses.

Eligible measures under the plan include consulting services, thermal insulation of the house envelope, windows replacement, the installation of shading systems as well as the installation and/or replacement of technical systems (such as solar, photovoltaic, air conditioners, storage batteries, etc.), according to the ministry’s website.

A grant cannot exceed 60% of the total investment in energy renovation or 80% for vulnerable consumers.

“We’ve seen that renovations and upgrades in Cyprus are moving forward well as part of the movement towards going green. The ministry will do our best to speed up the processing of applications,” Pilides said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Western Balkans GEFF Award Ceremony_September 28_Announcement

EBRD to present results of Energy Efficiency Financing Programme for Western Balkans

21 September 2021 - An online presentation of the GEFF Programme results and the announcement of further investments in the green economy’s housing sector will be held on 28 September 2021, via the Balkan Green Energy News portal.

smart-meters-ebrd

EBRD signs EUR 40 million loan for Serbia’s smart metering roll-out

15 September 2021 - The EBRD is extending a EUR 40 million loan to help Serbia procure and deploy 205,000 smart electricity meters in three cities.

Secure your spot registration EU Sustainable Energy Week EUSEW

Secure your spot – registration for EU Sustainable Energy Week is open

13 September 2021 - The digital Policy Conference of EU Sustainable Energy Week – EUSEW 2021 will take place online between October 25 and 28

Media Galaxy

Energy market is changing – we’ll buy electricity in department stores

31 August 2021 - The business models that the energy industry maintained for decades are being rapidly altered as customers can now buy power in supermarkets