Memorandum of Understanding between UCY and Deloitte IEC
The aim is to enhance research and promote international cooperation in the sector of Renewable Energy Sources.
On the 8th October 2015 FOSS Research Centre for Sustainable Energy, University of Cyprus and Deloitte’s Innovation and Entrepreneurship Centre signed a Memorandum of Understanding at the facilities of the University of Cyprus (PV Technology Lab) in Nicosia. The aim of the memorandum is to strengthen the framework of cooperation between the two organisations in the field of research and to promote further international cooperation with the ultimate objective to design optimum energy policies for better penetration of the renewable energy sources in the energy mix of Cyprus, with emphasis on the solar-energy based technologies.
The memorandum includes the exchange of information and know-how, the joint undertaking of research projects and studies, the submission of research proposals mainly through the European Union financing tools, the implementation of funded projects, but also the joint organization of events, workshops and meetings with the participation of all relevant stakeholders, aiming to encourage dialogue, awareness and the exchange of knowledge and expertise.
On behalf of FOSS Research Centre for Sustainable Energy the memorandum was signed by its Director, Dr. George E. Georghiou, noting that “The synergies between the private sector and the academic community offer significant advantages towards achieving the targets in the field of energy”. On behalf of Deloitte the memorandum was signed by Mr. Nicos S. Kyriakides, Partner-Member of the Board, and Head of the Innovation and Entrepreneurship Centre stating that “The present agreement is expected to deliver results, which will soon add value to the research activities of the University of Cyprus, as well as to the knowledge, experience and know-how of the executives of the Innovation and Entrepreneurship Centre of Deloitte”.