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ABOUT RES
 

Address:

25A Akamantidos Street Nathanael Building
8020 Paphos
CYPRUS

Tel: +357 26 923100

Fax: +357 26 910256

Email:

About Renewable Energy Sources and Energy Saving Systems

The development and exploitation of Renewable Energy Sources (R.E.S.) which substitute the established conventional energy sources (fossil fuels), many of them are rapidly exhausting, constitutes basic element of the energy policy of the energy developed countries.

As we know, the global reserves of oil, natural gas and fossil fuels will exhaust in few decades time. During this period the global population will double its figures with simultaneous increase of the energy consumption. From the total energy consumption only 40% is useful.

Though Cyprus is rich in RES, especially solar energy, their exploitation is poor if you compare it with other countries. Without the exaggeration the exploitation of RES in the coming years is the number one challenge in the energy field not only for Cyprus government but for the private individuals also.

The government after the directives from the European Union and to encourage the private individuals to exploit RES, subsides the development and installation of systems using RES. The subsidy from the government can reach up to 55% of the total cost of the system.

Our company, Panair Engineering Co Ltd, offers a complete proposal for energy saving systems using solar energy and its advantages. We are capable of studying, developing and installing solar thermal systems for domestic hot water, supplementary space heating, heating of swimming pools or any combination of the above. Such systems can be developed on small detached houses (maisonettes, villas) or large scale buildings (apartments, hotels). Such systems offer a reduction of the total energy consumption of a house, up to 30% annually.

 
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