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241. Cyprus extends EV charging grants by two months

The deadline for applications for the second phase of the "Electrification with 1000" grant program has been extended by two months, now closing on September 30, 2024, at 12:00 a.m., the Department of Electromechanical Services announced....

242. Porsche doubles the size of the model range for the all-electric Macan

First rear-wheel-drive Macan delivers high efficiency ...

243. Turmoil at Vasilikos as Chinese consortium pulls out, terminal project in limbo

The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...

244. ETYFA criticizes consortium for failing Vasilikos project

The Natural Gas Infrastructure Company of Cyprus (ETYFA) expressed deep frustration and disappointment on Friday, confirming that the consortium contracted for the Vasilikos project is not only unwilling but also unable to complete the work....

245. China unveils world's largest hurricane-proof turbine

Imagine a wind turbine so advanced it can withstand hurricanes and typhoons while harnessing their immense power to generate electricity....

246. Cyprus plans solar panels for National Guard by 2027

Cyprus will begin installing solar panels in National Guard camps and other facilities starting in September, aiming for completion by 2027, according to Defense Minister Vassilis Palmas. ...

247. American Medical Center expands to Limassol

The American Medical Center (AMC)/American Heart Institute (AHI) is expanding its presence in Limassol with a new private hospital, marking a significant milestone as the institution celebrates its 25th anniversary, according to a report by Anna Polyviou....

248. Solar-powered 'smart benches' to monitor air quality in Greece

249. Brewed to go! The Bean Bar truck brings vibrant coffee vibes on wheels.

Get ready to fuel your day with a splash of excitement as Bean Bar unveils its latest innovation—a mobile coffee bar that's sure to turn heads! The Bean Bar Truck, the 13th addition to the beloved chain, ...

250. ADMIE pushes for new ruling on power cable costs

Independent Power Transmission Operator (ADMIE) of Greece presented new data to the Cyprus Energy Regulatory Authority (RAEK) on Monday, regarding......

251. Legal challenges mount over Vasilikos Terminal abandonment

Cyprus is preparing for significant changes in its energy sector following the formal termination of the contract between the Natural Gas Infrastructure......

252. Bryan Adams to perform live in Limassol this fall

Legendary singer and multi-platinum songwriter Bryan Adams is set to electrify Cyprus with a live performance at Tsirion Stadium in Limassol on October 16, 2024, as part of his global "So Happy It Hurts" Tour....

253. Lidl’s 21st store in Paphos boosts Cyprus retail battle

Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....

254. Cyprus Seeds sparks an innovation revolution

Exciting things are happening in Cyprus as Cyprus Seeds wraps up its third cycle of innovation, highlighted by a lively event at the Reflect Festival in Limassol. ...

255. Cyprus faces financial hit as Chinese consortium exits energy project

Following the public admission by Energy Minister George Papaconstantinou, the agreed separation between Cyprus' Natural Gas Infrastructure Company (ETYFA) and the Chinese consortium CPP-METRON Consortium Ltd (CMC Ltd) is imminent, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....

256. Study reveals pros and cons of Great Sea Interconnector

Cyprus' Minister of Energy, Trade and Industry, George Papanastasiou, announced on Thursday that the comprehensive cost-benefit study for the Cyprus-Greece (Crete) electricity interconnection, known as the Great Sea Interconnector (GSI),...

257. The 'Great Sea Interconnector' will cut electricity costs by 30%

Minister of Energy, Commerce, and Industry George Papanastasiou is set to meet with the management of Greece's Independent Power Transmission Operator (ADMIE) on Thursday to receive a comprehensive Cost and Benefit Analysis (CBA) for the Great Sea Interconnector (GSI) project, linking Cyprus, Greece, and Israel....

258. Cyprus sets course for cheaper electricity in 2025

Energy, Commerce, and Industry Minister George Papanastasiou unveiled Cyprus' ambitious plans for the Electricity Authority of Cyprus (EAC) during a press conference in Nicosia on Tuesday. ...

259. No progress on Cyprus-Greece electricity interconnection project

No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....

260. Chinese consortium exits Vasilikos LNG project

The Chinese CPP-METRON Consortium Ltd (CMC Ltd) is set to exit the unfinished photovoltaic (PV) terminal project in Vasilikos, according to Cyprus' Energy Minister George Papanastasiou. ...

261. Cyprus grapples with energy future amid interconnector debate

The Cyprus Energy Regulatory Authority (CERA) has summoned ADMIE, the country's electricity grid operator, for a crucial meeting on July 15 to discuss new data that could potentially alter a decision barring charges to Cypriot consumers ahead of the Great Sea Interconnector project's implementation....

262. Cyprus faces crucial decision as LNG terminal contract nears end

Energy Minister George Papanastasiou announced on Tuesday that the contract between the Natural Gas Infrastructure Company (ETYFA) and the CPP-METRON Consortium Ltd (CMC Ltd) for the Vasilikos liquefied natural gas (LNG) terminal construction is approaching its conclusion....

263. Cyprus charts course for 2025 budget surplus

President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....

264. Cyprus faces hurdles in connecting to European electricity grid

A critical regional energy project aiming to connect Cyprus to the European electricity grid has hit significant roadblocks, threatening the country's bid to end its energy isolation as the last EU member-state without such a connection....

265. Cyprus President meets business leaders on HR, energy, and tax

266. Cyprus risks losing €657M EU grant for Interconnector project, says Energy Minister

Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......

267. Cyprus President denies ENI's plan to sell off sea rights

President of the Republic Nikos Christodoulides has refuted reports that ENI intents to sell its rights in Cyprus' EEZ. ...

268. CBC to keep dividends low despite bank profits

The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....

269. Athens warns Nicosia to reverse delays in power grid project

The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....

270. ''Cyprus prepared for Lebanon conflict fallout,'' says Kombos

A possible spillover of the conflict in Lebanon would have catastrophic consequences, Foreign Affairs Minister Constantinos Kombos said on Tuesday......