Financing

“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

GENERAL

• Subsidy Scheme for Electricity Production from Renewable Energy Sources for Self-Consumers (2022) - Expires 01.08.2023
• Sponsorship Plan for the Installation of 1000 Recharge Points for Electric Vehicles "Electric drive with 1000" (2022) - Phase A ends on 31.01.2023
  • Public Plan Consultation
  • Design Announcement
  • Design website
  • Promotional Video

HOUSEHOLD

• Grant Scheme for Encouraging the Use of Renewable Energy Sources and Energy Saving in Homes (2022-2023) – Expires 20.12.2023
  • Scheme Guide
  • Category 1: Thermal insulation of the roof of an existing house
  • Category 2: Thermal insulation of the roof in combination with the installation of a Photovoltaic System in an existing house
  • Category 3A: Installation of Photovoltaic System in an existing house (GENERAL CATEGORY)
  • Category 3B: Installation of Photovoltaic System in homes of vulnerable electricity consumers
• Sponsorship Plan for the Installation of a Photovoltaic System for the Charging of an Electric Vehicle or a Plug-in Hybrid Vehicle (2022) - Expires 20.12.2023
  • Scheme Guide
  • Request Guide

BUSINESS

• Plan for the Digital Upgrading of Businesses - Expires 30.12.2022
  • Design Description
  • Design Presentation
• Scheme for the Promotion of Energy Audits in Small and Medium Enterprises (SMEs)
  • Application Form
• Plan Save-Upgrade in Businesses and other Bodies - Expires 30.12.2022

LOCAL AUTHORITIES

• Scheme to Encourage Energy Upgrades by Local Authorities and Wider Public Sector Bodies - It hasn't started yet
  • Scheme Guide
  • Design Presentation
  • Proposal Preparation Assistant
  • Call for Applications to Provide Technical Support_Regards Community Councils

European Energy Financing Instruments

• Structural Funds of the European Union in Cyprus_Our ideas practice and development
• Cyprus_tomorrow: Recovery and Sustainability Plan
• Funding Information Portal
• Cohesion Fund
• eea grants_ICELAND, LIECHTENSTEIN, NORWAY
• eeef_EUROPEAN ENERGY EFFICIENCY FUND
• ELENA European Local Energy Assistance_European Investment Bank
• Energy Poverty Advisory Hub (EPAH)
• ENPI CBCMED_CROSS-BORDER COOPERATION IN THE MEDITERRANEAN
• Erasmus +
• European Bank for Reconstruction and Development
• European City Facility (EUCF): Technical Assistance Grant Scheme for Local Authorities
• European Climate Initiative (EUKI)
• European Institute of Innovation & Technology
• European Regional Development Fund (ERDF)
• Horizon europe
• Interreg Greece-Cyprus European Regional Development Fund
• Interreg Europe
• Mediterranean Sea
• LIFE
• M-era.Net
• MAVA_FONDATION FOR NATURE
• NER 300
• Restart-Research 2016-2020: Research, Technological Development and Innovation Programs