Andreas Papaellinas rejects claims by MEP Phidias Panayiotou regarding photovoltaic projects

On August 25, 2026, businessman Andreas Papaellinas issued a formal statement rebutting recent public claims made by Member of the European Parliament Phidias Panayiotou. Panayiotou had suggested that Papaellinas was generating millions in revenue from photovoltaic installations. Papaellinas dismissed these assertions as false and misleading regarding his business activities.

Papaellinas clarified that the photovoltaic infrastructure mentioned by the MEP was developed exclusively to cover the energy needs of his own businesses and to reduce their environmental footprint. He criticized Panayiotou for failing to verify information before making public accusations, emphasizing that serious discourse regarding energy costs in Cyprus requires factual evidence. The businessman noted that such unsubstantiated claims create negative impressions and urged public figures to conduct responsible research before engaging in public debate.