Energy Minister George Papanastasiou said after the Cabinet meeting on Thursday that the scheme''s first phase, worth €35 million ($37 million), would be implemented initially and followed
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The energy regulator has approved a significant battery storage system totalling 120MW across three locations to enhance grid stability and security, marking a crucial step for the island''s
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Cyprus'' Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems that can be added alongside existing renewable energy plants. Eligible
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With the introduction of energy storage solutions on the horizon, Cyprus is taking a crucial step toward a more resilient and efficient renewable energy landscape, paving the way for a greener
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Cyprus will have its first large-scale electricity storage infrastructure in place within 16 months, Minister of Energy George Papanastasiou said speaking at the Green Agenda Cyprus
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CERA''s senior managers agreed the approval based on the immediate public interest need for energy storage to be installed on the electricity system to ensure its reliable and safe
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The government plans to complete a new energy storage system, along with storage installations at two Electricity Authority of Cyprus (EAC) power plants, by June 2026, Government
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In an ambitious move towards a sustainable energy future, Cyprus is set to operationalize its first large-scale electricity storage system within the next 16 months.
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In May 2025, Cyprus successfully commissioned its first significant battery energy storage system (BESS), marking a major step toward enhancing the country''s energy infrastructure and
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Cyprus to launch new energy storage grants for businesses and households in 2025, alongside solar incentives and natural gas projects to cut electricity costs.
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