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EAC Supply And Cyprus Energy Agency Launch €5.5 Million AHK+ Grant Initiative For Energy Efficiency Overhaul

by THEFUTURE.TEAM

December 12, 2025

Accelerating the Green Transition

EAC Supply, in collaboration with the Cyprus Energy Agency, has announced the launch of the groundbreaking AHK+ Grant Scheme. Designed to support businesses, local authorities, and vulnerable households in Cyprus, this initiative marks a significant step toward a cleaner, more efficient energy future.

Targeted Upgrades for Immediate Impact

The scheme is strategically divided into two categories. Category A focuses on the rapid replacement of outdated lighting fixtures with modern LED technology. Businesses, organizations, and local authorities are encouraged to upgrade their lighting systems by subsidizing LED panels (60x60cm) at a grant rate of €30 per unit and round LED panels (17cm) at €20 per unit. This targeted investment is crafted to curtail unnecessary energy consumption immediately.

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Enhancing Comfort and Efficiency for Vulnerable Households

Category B is tailored exclusively for vulnerable AHK Supply customers under Tariff 08. By subsidizing the replacement of older, energy-intensive air-conditioning units with high-efficiency models rated A++ or A+++, the scheme ensures that these households not only experience enhanced comfort but also enjoy long-term energy savings. Grants under this category vary between €170 and €470 per unit, reflecting the capacity of the new device installed.

Robust Funding and Streamlined Application Process

Boasting a total budget of €5.5 million, with €4.5 million allocated to lighting and €1 million directed toward air-conditioning replacements, the AHK+ Grant Scheme is set to run for three years. Applications are accepted through the dedicated electronic platform until September 30, 2028, or until the funds are fully depleted. Interested parties should consult the scheme’s official platform and review detailed guidelines available in the official guide.

The Future of Energy Efficiency in Cyprus

This initiative not only promises immediate economic and environmental benefits but also demonstrates a forward-thinking model for energy efficiency. By strategically investing in modern lighting and air-conditioning systems, Cyprus is setting a benchmark for smart energy management and sustainable growth across sectors.

The Future Forbes Realty Global Properties

Drakos DMC Launches Exclusive Scholarship To Cultivate Future Tourism Leadership

Overview Of The Scholarship Initiative

Drakos DMC, a prominent destination management company operating across Cyprus and Greece, has announced a strategic scholarship opportunity aimed at nurturing emerging talent in the tourism industry. This initiative offers a full scholarship for a Master of Science in Tourism Management at the Cyprus University of Technology (Tepak), valued at €5,125.

Scholarship Details And Eligibility

The award targets final-year students and recent graduates up to 24 years of age who hold degrees in tourism, business administration, marketing, or related areas. Candidates are expected to demonstrate excellent academic performance and must be permanent residents of Limassol. For undergraduate tourism students, the scholarship may also apply to postgraduate studies in complementary fields.

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Commitment And Career Advancement

A unique feature of this scholarship is its linkage to immediate professional integration. The successful candidate is required to commence full-time employment with Drakos DMC while pursuing the postgraduate degree and to continue with the company for an additional 30 months upon completion. Applications can be submitted by contacting Drakos DMC through their careers email, accompanied by a current curriculum vitae.

Application Process And Timelines

Prospective candidates must apply for the master’s program between February and April 2026. The full terms and conditions of the scholarship will be outlined in close coordination with the Cyprus University of Technology.

About Drakos DMC

Renowned for its premium travel experiences, Drakos DMC specializes in incentive travel, conference management, corporate events, and the design of integrated programs for international organizations. Their comprehensive approach, which spans strategic planning through to on-the-ground execution, underlines their status as a leader in the tourism management sector.