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Aug 24, 2023

ABIO POWER BEGINS ENERGY DELIVERY IN CYPRUS

ABIO Power Starts Delivering Electricity to Its First Customers in the Transitional Market of Cyprus

ABIO Power is proud to announce that it has begun delivering electricity to its first customers in the transitional electricity market of Cyprus, marking an important operational milestone for the company and a significant step in ABIO Holdings’ entry into energy trading across Europe.

As Cyprus continues its shift toward a liberalized and more competitive electricity market, ABIO Power has positioned itself at the forefront of this transformation by supplying energy produced from ABIO’s renewable assets. Delivering electricity in a transitional market requires agility, strong forecasting capabilities, and deep understanding of evolving regulatory frameworks—capabilities that ABIO Power is actively demonstrating through this early success.

By securing its first customers, ABIO Power is now effectively converting green generation into real market value, reinforcing its role as the commercial engine of ABIO Holdings’ clean-energy portfolio. This achievement highlights the company’s ability to operate within dynamic market conditions and to provide reliable, competitively priced renewable electricity as Cyprus prepares for full market liberalization.

Energy delivery in Cyprus marks ABIO Power’s first operational deployment, paving the way for expansion into additional European markets where renewable generation, storage optimization, and smart trading strategies will be key to long-term energy transition goals.

Through this important milestone, ABIO Power solidifies its position as a rising participant in the regional electricity market and sets the stage for broader trading and customer acquisition in the near future.