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06.02.2024
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6 February 2024

40 companies have expressed a desire to participate in the Solar for All program

Cypriot companies are showing great interest in the new Solar for All scheme.

Not even a week after registration began, and already 40 firms have applied to participate in the government program as service providers.

Moreover, according to Energy Agency representative Yorgos Tsiametis, all applicants plan to provide services to the population in two directions. Recall, according to the idea, all organizations will be divided into two groups, depending on the category in which they will provide their services. The first will include companies that will be willing to participate in the schemes: "Solar Panels - Common Program", "Solar Panels for Vulnerable Populations", and "Solar Panels for All". And the second: is "Ceiling Insulation - General Program", "Ceiling Insulation for Vulnerable Populations". At the same time, companies have the right to enroll in one of the two groups, or both at once.

To become a participant in the project, interested companies must fill in the pre-registration form electronically on the website of the Renewable Energy and Energy Sources and Energy Saving Fund, indicating in it all the necessary contact details, as well as the contract. Each legal entity is considered a separate enterprise and must be registered individually.

40 компаний изъявили желание участвовать в программе «Солнечные батареи для всех»

It should be noted that earlier the Cabinet of Ministers of Cyprus approved the "Solar for All" program. The scheme aims to provide the opportunity to install a solar energy system to all household consumers of the island state with financial support from the state.

All beneficiaries will be divided into five groups:

  1. Category A1 "Solar Panels - General Scheme".

The consumer will be able to receive a grant of €375 for each kilowatt of battery capacity. The maximum grant will be up to 1.5 thousand euros (4 kW). The remaining amount for the purchase of solar panels must be sponsored by the beneficiary (personal funds, bank loan, other). For houses in the mountainous areas of the island, there is a 50% increase in the subsidy.

  1. Category A2 "Solar panels for vulnerable populations"

Representatives of this group of consumers will be able to receive from the state 1.25 thousand euros for each kilowatt of photovoltaic panel capacity. The maximum grant can reach 6.25 thousand euros (100% for systems up to 5 kW).

  1. Category A3 "Solar panels for all"

For each kilowatt of capacity of the photovoltaic system purchased, 250 euros will be available. The maximum subsidy amount will be 1 thousand euros. Also in this category it will be possible to receive an additional grant of up to 4 thousand euros (1 thousand euros for each kilowatt), subject to a gradual payment of the amount received once the solar panels have been installed (150 euros every two months).

Category B1 "Ceiling insulation - general scheme"

The consumer will be able to insulate the roof with a 50% subsidy. At the same time, the maximum amount payable can reach 2,500 euros and/or 25 euros per m2. For houses in the mountainous areas of the island, the subsidy is increased by 50%.

Category B2 "Ceiling insulation for vulnerable people"

Representatives of this group of consumers will be able to receive from the state 75% coverage of their costs. At the same time, the maximum amount of payments can reach 3.75 thousand euros and/or 37.5 euros per m2.

Source: stockwatch.com.cy
Photos: pixabay.com

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