GRANT APPROVAL FOR THE INSTALLATION OF EV CHARGING STATIONS PLAN

<<Ηλεκτροκήνηση με τα 1000>>

A proposal by the Ministry of Transport, Communications and Works concerning the Grant Scheme for the installation of 1000 public recharging points for electric vehicles was approved on 2/11/2022 by the Council of Ministers.

The development of the electric vehicle recharging infrastructure is a necessary condition for the use of electric vehicles and is included in the objectives of the General Policy Framework for the promotion of the use of Electric Vehicles, approved by the Council of Ministers in 2021.

To achieve this goal, the Department of Electromechanical Services of the Ministry of Transport, Communications and Works has included in the National Recovery and Resilience Plan, in the Policy Axis "Rapid transition to a Green Economy – Sustainable Transport", the Grant Scheme "Electromobility with 1000" for the provision of aid for the installation of 1000 electric vehicle recharging stations.

The Grant Scheme will be implemented in two phases (Phase A and Phase B), with a total available budget of €3,700,000. Applications for Phase A will be submitted until 31/01/2023 and the amount of €1,850,000 will be allocated. Phase B is expected to be announced at the end of 2023, also with a sponsorship of €1,850,000.

The form of aid to be granted is exclusively (De minimis) under Regulation 3(2) of the State Aid Control Regulations of 2009 and 2012.

The potential beneficiaries are physical and legal persons (Companies, Associations, Foundations), Non-Governmental Organizations, legal entities of public law, Local Government Authorities that are owners or tenants of a "parking space for public use" and operate in areas under the control of the Republic of Cyprus. The eligible installation points are, among others, parking areas for public use, municipal and community parking lots, private parking spaces for the public, petrol station areas, recharging station areas, etc.

Each beneficiary may receive a grant for four recharging stations, per district, with a maximum number of fifteen throughout Cyprus, with the exception of local authorities which may receive sponsorship to locate up to eight stations within their territory.

The Plan provides for funding at a rate of 50% of the total cost, with a maximum amount of funding depending on the maximum power output of the charger. Charging points that will be installed in mountainous areas will receive an increased sponsorship rate of up to 55%, with the funding ceilings remaining unchanged.

In his statements, the Minister of Transport, Communications and Works, Mr. Yiannis Karousos, stated that "We are proceeding with the implementation of yet another objective of the policy framework for the development of electromobility in our country in terms of infrastructure. That is, the recharging stations, with the aim of installing one thousand (1000) recharging stations in publicly accessible spaces by 2026. This is a programme that is included in the Recovery and Resilience Fund."

The online portal is operational and interested parties can register their applications. More information about the grant scheme, the guide and the application process can be found on https://ev1000.cea.org.cy website.

Source: www.pio.gov.cy

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Michael Toumbas 2 November 2022
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