Cabinet approves more funds for solar water heaters

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Cabinet approves more funds for solar water...
 © CyprusMail 2022
Cabinet on Wednesday approved an additional €350,000 to subsidise the installation or replacement of solar water heaters amid a surge in demand for cheaper, green energy.

The initial incentives scheme for €600,000 was announced in May. Funds were exhausted within two months, prompting the energy ministry propose additional financing in view of the huge interest.

The ministry said that as a result of the additional funds, the scheme can now cover an additional 500 households, bringing the total to 1,800. The extra money will be covered from savings in the budget of the renewable energy...


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Article automatically added to our system on Wednesday, July 6, 2022

Cabinet approves more funds for solar water heaters


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Article Tags: #cabinet   #approves   #funds   #solar   #water   #heaters  


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