News

Kouyialis: Climate deal means much more work

Published

December 13, 2015

Comments

comments icon

0

Share

Published:

December 13, 2015

Comments:

comments icon

0

Share

Electricity production and renewable energy are areas that need much improvement, but there are also other issues now that a global agreement on climate changed has been reached in Paris, Agriculture and Environment Minister Nicos Kouyialis said to Cyprus News Agency. “This agreement is just the beginning. From now on we must all work collectively and in a spirit of solidarity and transparency mainly because transparency was one of the issues that had been widely discussed in this global conference on the environment,” he underscored, Cyprus Mail reports.

He mentioned two upcoming large solar thermal parks in Cyprus, „to be built before 2020.“ Kouyialis said two ministries would soon launch programmes aimed providing incentives to businesses and homes to invest in renewable energy. “And we will launch measures to fund innovative technologies,” he added.

To cover the cost of the Paris agreement, Kouyialis said the European Union collectively would pay a huge amount. “We are all committed that from 2020 onwards EUR 100 billion euros a year would be given by the EU and the developed countries, mainly the United States,” he said. The minister added Cyprus would contribute EUR 350,000.

“The EU will create more programmes for new energy technologies and I hope that we will be able to participate in these programmes,” said the minister.

Related Articles

serbia eu region bef 2026 grid flexibility panel

Renewable energy ambitions must include ways to ensure grid integration

22 May 2026 - Market participants in the region have differing views of the current state of the grid, according to a panel held at Belgrade Energy Forum 2026

Greece PPC Group raises EUR 4.5 billion in capital offering

Greece’s PPC Group raises EUR 4.5 billion in capital offering

22 May 2026 - Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.

DRI operating licence for Văcărești solar park in Romania

DRI gets operating licence for Văcărești solar park in Romania

22 May 2026 - DRI has received the commercial operating license for its 126 MW Văcărești solar park in Dâmbovița county near Bucharest

SANY Renewable Energy Alibunar wind parks Serbia end June 2026

SANY Renewable Energy to start building Alibunar wind parks in Serbia by end-June

22 May 2026 - SANY Renewable Energy has signed agreements with contractors for its wind power projects Alibunar 1 and 2 in northeastern Serbia