Cyprus Energy Grants Summary — July 15, 2025 As of July 15, 2025, here is a comprehensive summary of all the current and recently closed energy-related grants available
The European Commission expects growth in Cyprus to remain robust in 2025 and 2026, according to the Autumn 2024 Economic Forecast which was presented in Brussels on Friday. The Commission expects
Cyprus will begin implementing renewable energy storage systems in 2026 at the earliest, Energy Minister George Papanastasiou announced during parliamentary discussions
The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess
A final investment decision on TotalEnergies'' new Cyprus gas project could come in 2026, CEO Patrick Pouyanne told analysts on Wednesday, with deliveries expected in 2028 or 2029. The French oil major is developing
Cyprus on energy storage systems Cyprus is set to implement renewable energy storage systems starting in 2026 to manage excess green energy production effectively. The country has
In a move set to transform the country''s energy landscape, the Cyprus Energy Regulatory Authority (CERA) has greenlit the development of three state-owned battery
This comprehensive overview explores the investment landscape, expected profits, government support mechanisms, available facilities, and relevant statistics related to solar energy in Cyprus.
Synopsis Integrating advanced technologies is crucial to optimizing the Levelized Cost of Energy (LCOE) and maximizing ROI in solar-storage projects. This session
newsroom 4 March 2025 Cyprus will begin implementing renewable energy storage systems in 2026 at the earliest, Energy Minister George Papanastasiou announced during parliamentary
Cyprus''s first liquefied natural gas (LNG) infrastructure at Vasilikos is on track for completion by end-2025, with the floating storage and regasification unit (FSRU) "ETYFA
The country plans to rely on a mix of solar energy and natural gas in the near future, with the goal of moving toward a fully electric energy system. The ETYFA natural gas
A final investment decision on TotalEnergies'' new Cyprus gas project could come in 2026, CEO Patrick Pouyanne told analysts on Wednesday, with deliveries expected in 2028 or 2029.
India''s energy storage sector is set to attract US$ 56.07 billion in investments by 2032, with a five-fold growth expected between 2026 and 2032, driven by rising demand for
Cyprus'' electricity market evolves with the Great Sea Interconnector and energy storage, aiming to cut curtailments, boost renewable energy, and transition to natural gas by
It could be the largest in the world by capacity, in terms of solar, BESS as well as both technologies combined. Solar Philippines New Energy Corporation currently owns 100% of the project, and it wasn''t revealed how
Executive summary The deployment of solar and battery storage across utility scale projects, domestic and commercial installations support economic activity and jobs.
Cyprus is facing an unusual energy situation where solar systems are being disconnected during daytime hours due to excess electricity production, despite potential
The US Energy Information Administration (EIA) says cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy
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
The project was completed on schedule, thanks to the collaborative efforts of local contractors and international experts. The successful commissioning of the BESS is expected to serve as a model for future energy
EIA expects more solar capacity, higher power prices U.S. solar capacity will double in just four years, to 182 GW in 2026, the U.S. Energy Information Administration said
Our objective is to establish Cyprus as a leading business hub and investment destination in our region. In 2025, we will embark on a major project of enhancing the country''s reputation by repositioning Cyprus,
Akaki Kokkinotrimithia Solar PV Project is a 72MW solar PV power project. It is planned in Nicosia, Cyprus. According to GlobalData, who tracks and profiles over 170,000
How to calculate the ROI of a warehouse How to calculate the ROI of a warehouse, or the return on investment, is another crucial element that needs to be considered when choosing the best storage solution for a company.
Cyprus will establish its first large-scale electricity storage infrastructure within the next 16 months, Energy Minister George Papanastasiou announced at the Green Agenda
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,
The ambitious initiative, scheduled for implementation between 2026 and 2030, will see the installation of battery storage infrastructure with a total capacity of 160 megawatts,
Spanish renewables company Grenergy has announced plans to invest €2.6bn ($2.8bn) in solar and storage projects up to 2026. The commitment is part of its strategic plan for 2023–26. It will allocate €1.5bn to
The Cyprus Energy Regulatory Authority (CERA) representatives reported establishing a regulatory framework for energy storage in 2019, followed by market rules approval in 2021. The Cyprus Transmission System Operator has received 13 storage applications totaling 224 megawatts capacity, with eight applications processed and five under review.
AKEL MP Costas Costa characterised Cyprus as “the only country in the world where thousands of megawatt-hours go unused due to lack of centralised green energy storage systems,” adding: “During the day we waste megawatt-hours because we lack storage, and at night we are one step away from blackouts.”
Renewable Energy Association President Fanos Karantonis advocated for hydrogen storage technology investment, noting significant European Union funding in this direction, while the Cyprus Biogas Association highlighted that existing storage schemes focus exclusively on battery technology.
