“The achievement of individual energy and . 2030, requires the mobilization and availability of financing solutions. Existing financial instruments fail to support projects and investments for the timely energy transition. The Cyprus Energy Agency, in collaboration with funding agencies and local agencies, will seek alternative funding mechanisms to support environmentally and economically viable projects. ”

Local Energy Financing Tools

• NEA: Sponsorship Plans, totaling over € 7.5 million, for "Installation or Replacement of Solar Hot Water Production Systems in Residential" and for "Encouragement of the Use of Renewable Energy Sources and Energy Saving in Energy 2021, Residential 6/4/2021)
  • Announcement of Plans (Announcement of the Ministry of Energy, Trade and Industry, 14/4/2021)
  • Sponsorship Plan Guide for Installation or Replacement of Solar Hot Water Production Systems in Residential 2021 
  • Sponsorship Plan Guide to Encourage RES Use and Energy Saving in Residential 2021
  • List of Mountain Areas by Postal Code (PO) by the Commissioner for the Development of Mountain Communities
• NEO: Expansion of Grant Schemes for Boosting Manufacturing and Energy Upgrading of Homes within British Bases (2021)
  • Grant Scheme to Enhance the Competitiveness of SMEs in the Manufacturing Sector and Other Targeted Economic Activities in Areas Within the UK Bases
• NEW: Sponsorship Plan Guide "Saving-Upgrading Homes" (2021)
  • Design Guide Presentation
  • Presentation for the Energy Upgrade
  • Questions-Answers for the Sponsorship Plan
  • Click here for all the information about the Plan and to Apply 
• NEW: Sponsorship Plan Guide for Enhancing the Competitiveness of Small and Medium Enterprises (SMEs) in the Manufacturing Sector and Other Targeted Economic Activities (2021)
  • Questions-Answers for the Sponsorship Plan
  • Click here for all the information about the Plan and to Apply
• Plan for Generation of Electricity from Renewable Energy Sources for Own Consumption (2020-2021)
• Sponsorship Plan for the Installation / Expansion of PV Systems and / or Charging Points and Smart Cash in Homes, for the Charging of an Electric or Hybrid Vehicle type Plug-in (2020)
• Grant Scheme for Energy Audits in Small and Medium Enterprises (SMEs) (2019)

European Energy Financing Instruments

• EUROPEAN CITY FACILITY (EUCF): Technical Assistance Grant Scheme for Local Authorities
• Available Financial Tools for the Implementation of Sustainable Energy Projects (2014)
• Horizon 2020
• Life +
• EU Investment Fund
• Eco-Innovation
• European Bank for Reconstruction and Development
• ELENA - European Local Energy Assistance
• Cohesion Fund
• European Energy Recovery Program
• JASPERS - Joint Assistance to Support Projects in European Regions
• EEE-F European Energy Efficiency Fund
• ERDF - European Regional Development Fund
• Information Portal for Funding Programs
• NER 300
• Interreg MED