Landis+Gyr to Provide Solutions for Cyprus’ Smart Meter Roll-Out
Cham, Switzerland. – August 23, 2024 – Landis+Gyr, a leading provider of energy management solutions, will provide in excess of 400,000 residential E360 and E450 smart meters along with its leading GridStream head end system software solution to unlock the full potential of smart grid technology and support Cyprus on its energy efficiency journey.
As part of a countrywide rollout to modernize the electricity distribution network, the Electricity Authority of Cyprus (EAC) is driving the rollout of 400,000 smart meters in the coming 3 years. The next phase of the rollout will include an additional 200.000 smart metering devices to ensure full coverage of EAC customer base. The EAC has awarded this strategic project to the Cyprus Telecommunications Authority (Cyta), who is partnering with Landis+Gyr as a technology and solutions provider.
During a press conference on 24 July 2024, the EAC hosted the Honorable Minister of Energy, Commerce & Industry, Mr. Giorgos Papanastasiou, the Ambassador of Switzerland to the Republic of Cyprus, Mr. Christoph Burgener, as well as Cyta's and Landis+Gyr's management and expressed the importance of the upcoming rollout as a key milestone in the government's energy saving goals. Landis+Gyr's Advanced Metering Infrastructure (AMI) solutions, in conjuction with the SCADA/ADMS Distribution Control System and the metering data management system (MDMS) already installed by EAC, form the foundation for a competitive electricity market and are essential elements for realizing the benefits of smart grids.
"We are proud to serve the people of Cyprus with our smart grid solutions and would like to thank EAC and Cyta for choosing Landis+Gyr as their strategic partner to achieve their ambitious energy efficiency goals in Cyprus" said Bodo Zeug, EVP and Head of EMEA at Landis+Gyr. »Our proven portfolio of energy management solutions is a key enabler for the energy transition and decarbonization of the grid, and we are delighted to lend out expertise in Cyprus in this important project. «
“In times of rapidly evolving technologies, customers are looking for reliable providers, offering state-of-the art solutions. As trusted long-term partner of utility companies, we will support EAC in moderninzing the energy system while empowering consumers to utilize energy in more informed and sustainable way” said Vincenzo Annunziata – Head of Region Greece, Middle East & Export Markets.
About Landis+Gyr
Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided around 9 million tons of CO2 in FY 2023, Landis+Gyr manages energy better – since 1896. With sales of USD 2.0 billion in FY 2023, Landis+Gyr employs around 6,900 talented people across five continents. For more information, please visit our website www.landisgyr.com.
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