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One sixth of Cypriot electricity consumption from renewable sources
Just over a sixth of Cypriot electricity consumption came from renewable energy sources in 2022, it was learned on Wednesday. The exact figure, 17.2 per cent, was included in a report...
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Industrial Production Index shows increase of 2.5% in September
The Industrial Production Index reached in September 2023 142,9 units (base 2015=100), recording an increase of 2.5% compared to September 2022. According to a press release by CySTAT,...
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Gaza truce gives displaced children rare chance to sing and play
Displaced Gazan children clapped, sang and jumped up and down clasping a giant multi-coloured parachute, rare moments of fun as the truce between Israel and Hamas gave an opportunity for a...
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Cyprus Hydrocarbons Company: Plans for offshore energy ecosystem
The Chairwoman of the Cyprus Hydrocarbons Company (CHC), Toula Onoufriou, presented a comprehensive roadmap for the development of an integrated offshore energy ecosystem, during the...
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Interview: Cyprus lags behind when it comes to green transition
On the road to a green transition, lay numerous opportunities and challenges. In an interview with Phileleftheros, Phoebe Koundouri, a world-renowned environmental economics professor and...
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Cyprus energy sector to benefit from new RIF programmes
The Research and Innovation Foundation (RIF) this week announced two new sponsorship programmes aimed at bolstering the energy sector and facilitating the green transition in Cyprus....
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In Gaza, little solace in truce as people endure grief and deprivation
Carting heavy cans of water through muddy streets, searching mounds of rubble for clothes, mourning lost relatives and homes – Gazans reprieved from Israeli bombardment during the...
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‘Cyprus can’t be an energy hub without the infrastructure’
Energy Minister George Papanastasiou conceded on Tuesday that Cyprus cannot become an energy hub in the eastern Mediterranean, as it lacks the necessary infrastructures. He made the...
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Meeting for north’s minimum wage raise ends without agreement
Tuesday’s meeting of the north’s Minimum wage determination committee ended without agreement after the involved parties could not agree as to when the minimum wage should be altered. As...
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First dispatch of Gaza aid ‘within days’
The first dispatch of humanitarian aid to besieged Gaza from Cyprus by sea is expected to depart the island within days, said a government spokesperson Tuesday. “In the coming days, the...
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Temporary measures in place for evaluation of smart meter contracts
The Tenders Review Authority has decided to approve the request from ICT Logicom Solutions for temporary measures to prevent the Cyprus Electricity Authority (AΗΚ) from proceeding with the...
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Turkish forces' antenna installation in Agios Demetios draws criticism
Government Spokesman Konstantinos Letymbiotis on Monday described the latest action of the Turkish occupying forces, regarding the installation of a rotating camera and an antenna on an...
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‘At what cost?’ Ukraine strains to bolster its army as war fatigue weighs
When Antonina Danylevych’s husband enlisted in the Ukrainian army in March 2022, he had to line up at the draft office alongside crowds of patriotic countrymen. There are no crowds now,...
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Powerful snowstorm injures 13, knocks out power across Ukraine
More than 2,000 settlements in central and southern Ukraine faced power cuts on Monday after a severe snowstorm lashed the region, injuring at least 13 people and forcing authorities to...
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UK hails $37 bln of foreign investment in vote of confidence
Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting the...
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‘Vote of confidence’: UK hails $37bn of foreign investment
Prime Minister Rishi Sunak announced 29.5 billion pounds of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting the country back to...
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Power outages amidst severe weather conditions
Power outages were observed on Monday morning in many areas of Cyprus, due to the bad weather and strong winds, Electricity Authority (EAC) Spokeswoman Christina Papadopoulou said. She...
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RIF: €10 million for the development of technological solutions which will strengthen the Energy sector
Continuing the steady course of achieving targets under the "Cyprus Tomorrow" Recovery and Resilience Plan, and having managed to secure additional funding from the European Commission's...
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Portugal breaks records with 149 hours of uninterrupted renewable energy
In a remarkable feat, Portugal achieved a new milestone by generating more renewable energy than its electricity demands for an unprecedented 149 consecutive hours. From October 31 to...
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Inclement weather causes havoc in Paphos
Inclement weather in Paphos caused havoc locally, with the fire service called to assist in five separate incidents across the district. Four of the incidents involved trees being blown...
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Pro-Palestine protests rumble on in Cyprus for seventh successive week
Pro-Palestine protestors took to the streets in Cyprus for the seventh successive week on Sunday, marching through central Nicosia. The protestors gathered at Eleftheria Square before...
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Impact of Israel-Hamas war on East Med gas
The Israel-Hamas war is a crisis but, in terms of energy, what happens is dependent on the extent and duration of the fighting . The concern is that the main combatants may have more...
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Shaping Cyprus’ energy future
Navigating the complex interplay of geopolitics and geoeconomics By Panayiotis Tilliros The world is currently witnessing a tumultuous period marked by three significant wars that...
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Navigating complex geopolitical energy needs
The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and energy implications: the Russo-Ukrainian war,...
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€5 mln green bond to invest in solar parks
With the issue of the first ‘green bond’ which will be listed in the Cyprus Stock Exchange by Scandinavian Solar Parks, new opportunities emerge for retail and institutional investors to...