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Industry and Tourism

Cyprus: System Replacements Increase Efficiency

Submitted by Baerbel Epp on December 5, 2012

The Cyprus solar thermal market is shifting from “newly built” to “retrofitted” - a trend supported by the subsidy scheme of the Fund for Energy Efficiency and Renewable Energy. This year, the fund run by the Cyprus Institute of Energy (CIE) offered more generous grants for residential solar water heater replacements than it had done in 2011. The 2012 grant scheme ended on 31 October 2012 but a similar scheme is expected for next year, too. The fund received financial support through a levy imposed on the electricity bill. The Ministry of Commerce, Industry and Tourism uses the subsidies to increase the efficiency of solar thermal systems across the country.
Photo: Johnsun Heaters

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