Cyprus Energy Grants Summary — July 15, 2025

As of July 15, 2025, here is a comprehensive summary of all the current and recently closed energy-related grants available to businesses, SMEs, and organizations in Cyprus. This overview includes renewable energy, energy storage, and energy efficiency schemes, along with official links for further details.

1. “Exoikonomo – Anavathmizo” (Save & Upgrade) for SMEs and NGOs — 2nd Call (Closed)

• Status: Applications Closed on May 30, 2025 (no new call yet)

• Purpose: Support SMEs and NGOs for energy efficiency upgrades, renewable energy systems, and BESS installation.

• Grant Intensity: Up to 60% (depending on enterprise size and location)

• Maximum Grant: €300,000 per applicant

• Latest Update: Revised Implementation Guide published on July 3, 2025 — projects must be completed within 10 months of approval, with a possible 2-month extension, but no later than June 30, 2026.

Official Page: https://www.industry.gov.cy/gr/σχέδια-χορηγιών/εξοικονομώ-και-αναβαθμίζω

2. RES & Energy Conservation Fund (RES Fund) — Energy Storage Support Scheme (Active)

• Status: Active — open until budget is exhausted or scheme closes.

• Eligible Applicants: Businesses, producers, and RES system owners (including net-billing users)

• Covered Categories:

  • A1: Net-Metering (≤10 kW) — €450/kWh

  • A2: Net-Billing (10–50 kW) — €250/kWh

  • A3: RES Producers (50–120 kW) — €150/kWh

  • A4: RES Producers (>120 kW) — €100/kWh

• Covered Costs: Purchase, installation, and energy management systems directly linked to storage.

Official Page: https://resecfund.org.cy/el/home

3. Photovoltaics for Residences (2024-2025) — Applications Closed

• Status: Closed in March 2025

• Purpose: Residential PV installations with optional BESS and insulation.

• Note: Although closed, future calls are expected — monitoring is recommended.

Official Page: https://resecfund.org.cy/el/SX_2024

4. Digital Upgrade of Businesses Scheme (2025 Call) — Applications Closed

• Status: Applications closed in May 2025 after budget exhaustion.

• Purpose: Support for digital transformation of SMEs, often combined with energy efficiency projects.

Official Announcements: https://www.industry.gov.cy/gr/ανακοινώσεις

How to Stay Updated

• Check Official Announcements Regularly:

  • Ministry of Industry Announcements: https://www.industry.gov.cy/gr/ανακοινώσεις

  • RES & Energy Conservation Fund: https://resecfund.org.cy/el/home

• Set Google Alerts using keywords like “Cyprus energy grants 2025” or “Exoikonomo Cyprus”

• Subscribe to RSS Feeds: https://www.industry.gov.cy/rss/anakoinoseis

Conclusion

While some key schemes like “Exoikonomo – Anavathmizo” have closed for applications, the Energy Storage Support Scheme remains open. Businesses planning energy efficiency or renewable projects should prepare early for the next grant calls.

We’ll keep updating this page as new funding opportunities open.

Need Help with Applications? Contact us for consultancy on project planning, application preparation, and subsidy maximization.

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Article last updated: July 15, 2025