Bioland Promithia, part of Bioland Energy Group Ltd – one of the largest and fastest-growing renewable energy producers in Cyprus – has announced its participation in the Competitive Electricity Market (CEM), which will come into effect on October 1, 2025.

The move signals a new phase in Cyprus’ energy transition, promising more competition, greater transparency and stronger uptake of green energy. 

In preparation for the market’s launch, Bioland Promithia said it is ready to provide competitive electricity supply programmes for businesses, industries and households.  

The plans were presented during an event in Larnaca on September 10, organised by Eptagon Group, the parent company of Bioland Energy and Bioland Promithia. 

According to the company, the new programmes will include residential and corporate options with three-zone flexibility, day, afternoon and night, depending on the energy profile of each consumer.

It explained that the aim is to provide solutions with advantageous pricing and a range of options adapted to demand. 

Bioland Energy Group CEO Demetris Constantinides said the opening of the CEM is an important step for Cyprus and a decisive step towards creating a fairer, more competitive energy environment.  

“We are fully prepared to enter the new regime, offering advantageous solutions for all consumers,” he said.

He also pointed to the company’s four-year experience in the CEM Trial and its large portfolio of corporate clients as guarantees for success. 

Constantinides added that the group’s vision is to reduce electricity tariffs in Cyprus by at least 30 per cent within the next three years, for the benefit of consumers. 

Mentioning in its statement, with a fourteen-year presence in the renewables sector, Bioland Energy has invested heavily in research and innovation, creating solutions that cut costs and strengthen sustainability.  

The group uses green energy from its photovoltaic parks to supply businesses under the Transitional Regulation of the Electricity Market.  

Finally, its portfolio already includes well-known names from across the commercial and industrial sectors, who benefit from lower energy costs thanks to Bioland’s pricing.