Self-consumption PV projects accounted for most of the new solar capacity added in Cyprus last year, despite record levels of renewable energy curtailment, according to industry data.
Cyprus wasted nearly half of its distributed renewable generation in 2025, equivalent to 306 GWh, as grid constraints and lack of battery storage forced massive curtailments while solar capacity keeps growing.
Greece has awarded permits for about 900 MW of standalone, front-of-the-meter battery storage through three auctions, but no projects have yet been connected to the grid.
Two complaints to the European Commission allege Greek repowering policies and high performance bonds for battery storage projects block upgrades, raise costs, and hinder energy transition, according to industry association Pospief.
Cyprus will replace its current net metering and billing schemes with a new, market-based self-consumption model from January 2026, as the island’s electricity sector opens to competition.
The Cyprus Ministry of Energy, Commerce says it will accept applications for new net metering and net billing systems until Oct. 1, 2025. While the government has not announced its next steps, pv magazine has learned that it plans to phase out net metering.
Cyprus curtailed more than half of its potential renewable power in early 2025, including record residential solar cuts, as grid limits and a lack of storage strain its energy transition. Without swift investment in flexibility, analysts warn the country risks eroding public trust and delaying decarbonization.
A 1 GW direct current (DC) transmission line linking mainland Greece to Crete has entered trial operation, with full commercial service expected by September to support new green power capacity and future interconnections with Cyprus, Israel and Egypt.
Recent data show Israel added 900 MW of solar PV capacity in 2024. The majority of the newly-added capacity stems from projects operating under merchant power purchase agreements (PPAs).
Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
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