Eugenia Herodotou, Chief Executive Officer
EnergyIntel stands as a testament to what determination, collaboration and innovation can achieve
As the CEO of EnergyIntel, I take immense pride in sharing our journey of innovation and our vision for a sustainable energy future. In an age where sustainability is no longer an option but an imperative, EnergyIntel stands as a testament to what determination, collaboration and innovation can achieve. Our mission is clear: to lead Cyprus and the world into an era where renewable energy is not just an alternative but the primary source of power.
Revolutionising Energy Solutions for a Sustainable Tomorrow
EnergyIntel embodies a new paradigm of energy solutions. We are deeply committed to providing advanced renewable energy technologies for homes, businesses and large-scale projects such as photovoltaic and solar-thermal parks. Our work is about more than reducing carbon emissions – it’s about positioning Cyprus as a leader in the global energy transition.
Among our most groundbreaking initiatives are our electric vehicle (EV) charging stations. These stations represent a dual achievement. First, they enable rapid expansion of charging infrastructure even in remote locations where traditional grid access is unavailable. Second, they are powered entirely by renewable energy, bypassing reliance on fossil fuel-based grids. This ensures that the clean energy fueling EVs aligns with the sustainability goals of the vehicles themselves.
Collaboration, Not Competition
At EnergyIntel, we don’t see competitors in the renewable energy space – we see partners. The real competition is against fossil fuels, a finite resource that has overstayed its welcome in our energy landscape. Every company in our sector contributes to a shared mission: transforming habits, mindsets and societal norms for a sustainable future.
Our slogan, ‘Energy Evolved’, reflects our commitment to this shared evolution. Together, we can build a future where innovation and collaboration replace outdated methods. Each step forward by any player in our field is a step forward for us all.
Leading Through Innovation
What sets EnergyIntel apart is our relentless focus on innovation. Our research and development (R&D) department is the cornerstone of our success, holding over 94 global patents that push the boundaries of renewable energy technology. From advanced thermal storage materials to pioneering energy conversion techniques, our breakthroughs are reshaping what’s possible in the industry.
Marios Alexandrou, Chief Operations Officer
These innovations don’t just enhance our technical capabilities; they also create tangible economic value. By driving technological advancements, we’re enhancing Cyprus’ competitiveness on a global scale and contributing to sustainable economic growth.
ELECTRON247: A Game-Changer in Energy Storage
One of our proudest achievements is ELECTRON247, a revolutionary solution that addresses the historical challenges of renewable energy: cost and intermittency. Solar and wind energy, while abundant, have long been criticised for their variability. ELECTRON247 overcomes this barrier with long-duration energy storage that ensures consistent, reliable energy supply.
Made from fully recyclable materials, ELECTRON247 integrates thermal storage to deliver scalable energy reserves. Whether it’s powering a single home, a mid-sized business, or even a city, this solution is adaptable to various renewable energy sources and scales to meet diverse energy needs. It’s not just a product – it’s a promise of a future where clean energy is both practical and economically viable.
ELECTRON247’s real-world impact is already evident. In partnership with NOOR Energy 1 in Dubai, ELECTRON247 demonstrated an impressive 95 per cent operational availability over a ten-month testing period. This achievement was validated by DNV, a leading independent certification body, underscoring the reliability and scalability of the solution. For residential users, ELECTRON247 ensures uninterrupted power during the night or adverse weather conditions. Businesses and industries can rely on it for stable energy supply during peak hours, reducing dependence on conventional grids. Moreover, in off-grid or disaster-stricken areas, ELECTRON247 serves as a lifeline, providing consistent renewable energy where it is needed most. This adaptability positions ELECTRON247 as a cornerstone for global renewable energy adoption.
Awards and Distinctions: Recognising Excellence
EnergyIntel’s journey has been marked by several milestones and accolades that highlight our dedication to innovation and sustainability:
The signing ceremony for a €2.5 million financing agreement for EnergyIntel under the DISRUPT 2023 programme
DISRUPT Grant: We secured €1.5 million from the DISRUPT programme, which supports groundbreaking technologies and companies with transformative potential. This funding is helping us expand globally and strengthen our presence in the sustainable energy market.
INNOVATE Award: Our thermal energy storage (TES) technology was recognised as a leading solution in sustainable energy, earning funding and validation from the prestigious INNOVATE programme.
Membership in LDES Council: As a member of the Long Duration Energy Storage (LDES) Council, we are contributing to shaping the future of long-duration energy storage technologies worldwide.
Research and Development Team
Addressing Systemic Challenges
While Cyprus has made significant progress in renewable energy, challenges remain. Recent issues with our national energy grid highlight critical shortcomings. Despite generating electricity from renewable sources, grid limitations force us to rely on fossil fuels during peak hours. This inefficiency is both frustrating and unacceptable in a world where renewable solutions are readily available.
At EnergyIntel, we see these challenges as opportunities to lead by example. Modernising our grid infrastructure, streamlining approval processes for renewable projects and incentivising energy storage technologies are urgent priorities. By addressing these systemic barriers, we can unlock the full potential of renewable energy for Cyprus and secure a sustainable future for generations to come.
A Vision for the Future
Our vision at EnergyIntel is bold yet achievable: a dynamic transition to a new energy era. The solutions of tomorrow are already here and what’s needed now is decisive action. Policymakers, businesses and individuals must unite to accelerate the adoption of sustainable technologies. From expanding EV charging networks to integrating energy storage solutions, the path forward demands urgency and commitment.
The stakes couldn’t be higher. Climate change is not a distant threat – it’s a present reality. As a company deeply rooted in innovation, we understand the responsibility we bear for shaping a brighter future. By leveraging the power of our technologies and partnerships, we’re determined to make a lasting impact.
Expanding Our Global Footprint
EnergyIntel’s influence extends far beyond Cyprus. With a presence on two continents and plans to expand to five, we are proof that local innovation can drive global change. Our patented technologies and scalable solutions are helping to address one of humanity’s greatest challenges: transitioning to a sustainable energy future.
This international outlook is crucial. Climate change knows no borders and neither should the solutions. By collaborating with global partners and exporting our expertise, we amplify our impact and demonstrate that sustainability and growth can go hand in hand.
A Personal Commitment to Progress
As the CEO, my commitment to EnergyIntel’s mission is deeply personal. I believe that business has the power to transform lives and societies. At EnergyIntel, we’re not just building a company; we’re building a legacy of innovation, collaboration and sustainability. This journey is about more than energy – it’s about hope, resilience and the collective power of people united by a common vision.
The future of Cyprus is bright, and at EnergyIntel, we’re proud to be among the trailblazers leading the way.