Green Solar International - Cyprus office.

At Green Solar International, we are continuously expanding. Cyprus is an ideal market for the development of PV parks due to its high sun irradiation combined with other factors driving the development of renewable energy.

In this light, we are pleased to announce Green Solar International will be setting up a local structure for cooperation with local business partners in Cyprus. It is our ambition to contribute to the development, construction, and operation of PV parks with a capacity of several hundreds of MWp in the coming years. 

Cyprus, an island nation and a member of the EU since 2004, currently relies heavily on fossil fuel mazut to produce its electricity. It has committed itself to the European Union's renewable energy targets and moreover set its own objectives for the year 2030. So far, Cyprus missed the EU 2020 target of a.o. 13% Renewable Energy Sources (RES), resulting in significant financial penalties for the country to pay. Therefore, authorities are even more determined to increase the share of renewable energy in the Cypriot energy market. To tackle the challenges it must overcome, the Cyprus Government collaborated with the International Renewable Energy Agency (IRENA) to formulate strategic plans for the deployment of renewable energy.