energy sector green energy

Boosting Cyprus’s Energy Sector: RIF’s New Funding Initiatives

The Research and Innovation Foundation (RIF) of Cyprus has launched two new funding initiatives to boost the country’s energy sector. The “Research in EnterprisesEnergy” program offers a €4 million budget for energy management technologies, while the “CODEVELOPREPowerEU” program provides a €6 million budget for collaborative innovation in energy efficiency and climate change solutions. These initiatives aim to support technological advancements and green energy solutions, aligning with the European Commission’s REPowerEU scheme for a continentwide shift towards cleaner energy.