Currently, Cyprus has 125 MW of solar power capacity. The country aims to increase total renewable energy penetration in the electricity sector to 700-750 MW by 2023, primarily through solar power initiatives. .
Solar power in Cyprus benefits from over 3,300 hours of sunlight annually, giving it the highest potential in the (EU). The 2023 Energy Profile for Cyprus highlights the increasing. .
In 2011, the Cypriot target of , including both photovoltaics and , was a combined 7% of electricity by 2020. While Cyprus saw a 16% increase in solar panel installations in a 2021 report, the country still grapples. .
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In July 2023, the (UNDP) Cyprus announced a study for a bicommunal solar power plant in Cyprus, with funding from the EU. Managed by the UNDP and supported by the EU, the study aims to enhance cooperation. [pdf]
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