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Cyprus expands funding for solar net metering

The Cypriot cabinet has approved a proposal by the energy minister to extend the country’s subsidy scheme for net metering and energy-efficiency measures, adding €40 million of funding ($39.8 million) to the program.

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Greek utility launches EPC tender for 550 MW of solar at former coal mine

Greece’s Public Power Corp. (PPC) Renewables, the green energy division of state-owned PPC, has kicked off a tender for a 550 MW subsidy-free solar plant at a former lignite mine.

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Saudi crown prince bears green energy gifts to Greece, but little action seen

Saudi Arabia’s crown prince traveled to the Greek capital of Athens this week, representing his first official trip to Europe since the 2018 killing of Saudi journalist Jamal Khashoggi. His visit was marked by the signing of several agreements between the two countries and some big statements issued by the Saudi leader regarding green energies and hydrogen.

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Greece to launch 1 GW renewables tender in September

The Greek energy regulator has published the details of a 1 GW joint renewable power tender scheduled for September. The nation has planned a number of additional competitive tenders up to 2024, in order to procure about 3 GW of renewables, including energy storage.

The weekend read: Solar reforms loom, Cyprus begins to move

Cyprus is a laggard in renewable energy development compared to many of its European neighbors. Given its reliance on oil and gas imports, the consequences are now being felt by electricity consumers on the island. However, as Ilias Tsagas reports, a combination of factors may soon provide the leverage that changes the game fast.

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Lebanese bank introduces solar loan scheme for households

Lebanon’s Banque De L’Habitat is rolling out a new scheme to provide loans to help Lebanese households buy and install PV systems. It is running the scheme with the Lebanese Center for Energy Conservation (LCEC), which is providing technical assistance.

The weekend read: Portugal’s enormous PV potential

Portugal’s PV tenders have generated headlines on the back of world-record tariffs. But the country has failed to add meaningful capacity and is now struggling to establish a workable licensing system. Merchant solar shows enormous potential to drive the market, but will politicians listen?

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Lebanon issues 11 solar licenses for 165 MW

The Lebanese government has approved 11 licenses for 165 MW of PV capacity. The licenses are part of a 180 MW solar tender that the country initiated in January 2017.

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Greece rolls out new policy, tenders as UAE eyes investment opportunities

Greece and the United Arab Emirates signed new cooperation agreements this week, including deals focused on renewable energy. The Greek government also introduced a new draft law for energy storage and floating solar, as well as new licensing regime, while noting plans for new renewable power auctions.

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Cyprus launches PV, battery funding scheme as Greece turns to gas

Cyprus has launched a new scheme to fund installations of PV arrays and battery systems, with a specific focus on owners of electric vehicles. Greece, meanwhile, has devised a subsidy scheme to support the use of gas for conventional cars.

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