Policy Details

Grand Schemes for Energy Efficiency and Renewable Energy Sources

Cyprus

Jurisdiction: 
National
Year started: 
2012
Status: 
In Force
Sector: 

The Plan aims to provide financial incentives in the form of government subsidy for investment in the production of electricity by utilizing wind, solar, biomass and biogas, which is released from landfill waste.
The plan covers investments for the purchase and installation of new equipment and materials.
All investments must be made by purchase and installation of new equipment and materials and involve mature technologies rather than technologies currently under research and development.
A subsidy will be granted in the form of public aid on the kWh generated which will be channelled to the transmission / distribution grid restrictions mentioned in the Important Notices. The form of of all public aid granted by the Scheme itself is environmental.

Learn more: 
http://www.cie.org.cy/indexEN.html#grand-schemes-and-guides
 

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