Government should expedite decisions on renewable energy, OEB says

Cyprus Federation of Employers and Industrialists (OEB) calls on the government to expedited its decisions in a bid to boost investments on renewable sources of energy, the federations President Christos Michaelides has said, as the Energy Ministry notes that the field records progress.

Speaking during a press conference ahead of the Save Energy 2016 fair, Michaelides referred to a meeting he had with Minister of Energy, Commerce Industry and Tourism, noting that despite the very good programmes implemented by the Ministry and despite progress, he has been told that no definite decisions have been taken so far.

On the problems observed in the Reneweable Energy and Energy Efficiency Fund, Michaelides said the state should fulfill its commitments and contracts if it wants to be taken seriously and to attract foreign investments.

Source: Cyprus News Agency.