Energy Efficiency

State-of-the-art solar park launched by the University of Cyprus

Photo: Pixabay

Published

February 2, 2015

Country

Comments

comments icon

0

Share

Published:

February 2, 2015

Country:

Comments:

comments icon

0

Share

The University of Cyprus aims to become completely energy self-sufficient through two solar panel parks, rector Constantinos Christofides said during the launch of the ‘Phaethon’ photovoltaic park, made up by 1,645 solar panels, with an annual capacity of 632,000 kWh.

The second solar park, to be named ‘Apollon’, which will have a 10 MW capability, is also in the works, Christofides said. He told the Cyprus Mail that the university planned to invite tenders within the next four to five months.

The ‘Phaethon’ was officially opened by Energy Minister Giorgos Lakkotrypis. The state has secured EUR 52 million in EU funding for the 2014-2020 period, specifically aimed at completing projects and approving schemes regarding energy saving and employing renewable energy options in public buildings, businesses and homes, he said, adding that output from renewables rose to 8.7 percent in 2014. „This brings Cyprus as near to our national goal of 13 per cent in 2020,” Lakkotrypis said.

The minister claims the government was trying to open up the energy market by introducing incentives for energy producers other than the state-owned Electricity Authority of Cyprus, as well as entrepreneurs operating in the renewable energy field.

Related Articles

croatia vireas agency north AI energy

Meet VIREAS: new AI-powered virtual assistant for energy

22 July 2025 - The VIREAS app is an interactive platform that enables users to engage with an AI assistant on various topics related to energy

Slovenia grants renewables district heating cooling

Slovenia kicks off grants program for renewables-based district heating, cooling

22 July 2025 - Slovenia is cofunding the construction or restructuring of district heating and cooling systems using renewable energy sources

GGF grows direct lending energy transition energy security

Impact Report 2024: GGF grows direct lending, committed to energy transition, energy security

11 July 2025 - In its Impact Report 2024, Green for Growth Fund outlined powering the green transition across Southeast Europe, the Caucasus and beyond

projects euros modernisation fund celan energy

EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries

04 July 2025 - Focusing on renewables, grids, storage, and energy efficiency, the funds will support projects in Croatia, Slovenia, Greece, and Romania.