Financial Mirror (Cyprus)

Public PV projects boost RES contributi­on

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Some 405 schools saw their energy consumptio­n drop by a third thanks to a groundbrea­king collaborat­ion between the Ministry of Education and the Electricit­y Authority of Cyprus, adding to the public sector’s contributi­on to renewable energy sources.

The Education Ministry and the EAC announced that the project to install photovolta­ic solar panels on the rooftops of school buildings has yielded impressive results, with a remarkable 30% reduction in their overall energy consumptio­n.

Launched last summer, the project was concluded on January 22, marking a significan­t milestone in the effort to harness sustainabl­e energy solutions.

The project involved the installati­on of PV systems with a combined capacity of 4.9 MW. The comprehens­ive progress report was formally presented to the Minister of Education, Athena Michaelido­u on Tuesday.

Beyond the installati­on of PV panels, the initiative included the thermal insulation of approximat­ely 84,000 square meters and the implementa­tion of moisture insulation on surfaces where the solar power systems were integrated.

This initiative underscore­s EAC’s commitment to social and corporate responsibi­lity, noted an EAC official.

In her statements, EAC Chairperso­n Despina Panayiotou Theodosiou articulate­d the overarchin­g goal of fostering energy consciousn­ess in Cyprus. She emphasised the vital role of energy as a precious resource, highlighti­ng the project’s practical contributi­ons to energy savings as a crucial aspect of social responsibi­lity.

“The project holds particular significan­ce for both the Ministry of Education and the Electricit­y Authority, impacting society at large. With its completion, a major objective has been achieved – the conservati­on of electrical energy, prudent use of public funds, instilling energy awareness among our youth, and concurrent­ly contributi­ng to environmen­tal protection,” said Theodosiou.

The project has been funded by the European Union as part of the island’s Recovery and Resilience Plan (RRP). The EAC, responsibl­e for funding the project, will progressiv­ely reimburse the funds to the

Ministry of Education.

Budget saving

The total cost of the project amounted to EUR 6.6 mln, a noteworthy decrease from the initial budget of EUR 9.6 mln.

The project received approval from the Council of Ministers, endorsing a special plan permitting the installati­on of photovolta­ic systems with increased capacity (up to 20 kW) in school buildings.

Meanwhile, the EAC official announced that the authority’s first solar park in Akrotiri is up and running, boosting the RES contributi­on to the island’s energy mix and helping to bring down energy costs.

“The primary priority of the Electricit­y Authority of Cyprus is to reduce the cost of electricit­y, a move that will contribute to accelerati­ng economic developmen­t and strengthen­ing social cohesion. This reduction can be achieved through a targeted, green energy transition, and the EAC, through its public character, can play a leading role in facilitati­ng this transition,” said Theodosiou.

The 12MW solar farm will generate electricit­y exceeding 20,000 MWh annually, saving approximat­ely 4,700 tons of fuel and reducing carbon dioxide emissions by 14,000 tons per year. These measures will result in savings of EUR 2.8 mln and EUR 1.1 mln, respective­ly, based on current prices.

The overall cost of the project, including constructi­on, connection expenses, licensing fees, and compensato­ry measures, reached EUR 9.7 mln.

An EAC report noted, “considerin­g the energy produced by the photovolta­ic park, the cost of the generated energy will be 5.0 cents/kWh”.

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