Funding

“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

Grant Scheme for Energy Storage Systems in combination with Renewable Energy Sources (RES) projects – Expires 25.04.2025
Plan for the Production of Electricity from RES for Own Consumption - Expires 01.08.2025
Plan to Promote Electromobility in Cyprus – Expires 12.05.2025

HOUSEHOLD

Grant Scheme to Encourage the Use of Renewable Energy Sources and Energy Saving in Homes (2024-2025) – Expires 20.12.2025
Sponsorship Plan for the Installation of a Photovoltaic System for the Charging of an Electric Vehicle or a Plug-in Hybrid Vehicle (2022) – Expires 20.12.2025
Free Technical Support to PWDs to Apply for a Sponsorship for Photovoltaics - In force

BUSINESS

2nd Announcement of the Grants Scheme "I Save - I Upgrade in Small and Medium Enterprises and Non-Profit Organizations (2024)" – Expires 30.04.2025

LOCAL AUTHORITIES

2nd Call for Grants for Strengthening Community Resilience and Adaptation to Climate Change – Expires 06.06.2025
- Driver 2^th Announcement of the Plan
- Phase II of the Plan in Brief
- Application Process
- FAQ
- Indicative List of Consultants
- Design website
- Communication Officer: Louisa Marie Shakou, tel. 22667846, email: louisa.shakou@cea.org.cy or communitiesca@cea.org.cy

European Energy Financing Instruments