Cyprus Investment Promotion Agency
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Success Stories

ASBISc Enterprises PLC (“ASBIS”): leading global IT distributor
NCR Middle East/Africa Area
Weatherford International
Uniteam Marine

Energy

Energy

Cyprus is committed to:

  • Ensuring Security of Energy Supply
  • Protecting the Environment
  • Fostering Healthy Competition in the Energy Sector
  • Encouraging Development of renewable energy technologies and production
Sector Synopsis
  • Cyprus ranks number one in the world in solar energy use for water heating in households.
  • 1.96 million toe (tons of oil equivalent) were consumed in 2009
  • 2.6% increase in energy consumption (2000-2009)
  • €20,33 million were given by a special fund created by the Goverment to promote the use of Renewable Energy Sources in 2009
  • 4.9% of the national energy needs in 2009 were met through Renewable Energy Sources
  • 6.8% increase in electricity consumption (2000-2009)
 
Regulatory Framework

Announcements

Documents

Latest News

CIPA Event for the World Bank's Doing Business Report 2012
CIPA Event for the World Bank's Doing Business Report 2012 - Jan 27, 2012
Press Release - Submission of Financial Statements of Companies in English - Dec 22, 2011
MoU between CIPA and Invest in Greece
MoU between CIPA and Invest in Greece - Dec 14, 2011

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