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Dec 01, 2024

58 GWh OF ELECTRICITY TRADED IN CYPRUS

ABIO Power Achieves 58 GWh of Traded Electricity in Cyprus, Strengthening Its Position in the Liberalized Market

ABIO Power is proud to announce that it has reached a significant operational milestone in Cyprus, surpassing 58 gigawatt-hours (GWh) of traded electricity. This achievement reflects the company’s strong performance across both the transitional and fully liberalized free market phases, and highlights ABIO Power’s growing influence within the Cypriot energy sector.

The 58 GWh milestone is a result of ABIO Power’s disciplined trading strategies, efficient portfolio management, and renewable-backed energy supply sourced from ABIO Holdings’ clean-energy assets. This volume demonstrates the company’s ability to operate at scale, deliver stable supply, and respond effectively to the evolving market dynamics in Cyprus.

Achieving this level of traded electricity also reinforces ABIO Power’s reputation as a reliable and competitive participant in the newly open market environment. Customers benefit from the company’s advanced forecasting models, transparent pricing structures, and commitment to providing clean, cost-effective energy in a market that is increasingly embracing liberalization and green transition goals.

The 58 GWh benchmark is not only an operational success but also a reflection of ABIO Holdings’ strategy to create a vertically integrated ecosystem where renewable generation, storage, and energy trading operate seamlessly. As ABIO Power continues to expand its market presence, this achievement sets a strong foundation for further growth in Cyprus and future expansion into additional European markets.