The Cyprus Stock Exchange (CSE) and Hellenic Energy Exchange (HEnEx) partnership aims to boost Cyprus’s green energy sector by trading Guarantee of Origin certificates, promoting transparency, and funding sustainable energy projects. This collaboration signifies a unified vision for a greener economy, underlining the importance of active policymaking and market structuring towards sustainable energy solutions.
The Memorandum of Understanding between the Cyprus Stock Exchange and the Hellenic Energy Exchange marks a pivotal moment in renewable energy trade, solidifying plans for the secondary market of Guarantee of Origin certificates. This collaboration between Cyprus and Greece is a significant step towards sustainable energy markets and a greener future for both nations.
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.
