Cyprus curtailed 29% of its renewable energy in 2024, a record high that signals risks to the island’s energy transition.
Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems paired with existing renewable energy plants. Eligible projects will be remunerated by feed-in tariffs (FiTs) or net billing systems.
Cyprus installed 159 MW of new solar capacity in 2024, bringing its total to 797 MW by year-end, according to the latest data from the Cypriot transmission grid operator.
Greece deployed 2.6 GW of solar in 2024, bringing its cumulative installed PV capacity to 9.6 GW by the end of December.
Greece installed 400 MW of net-metered PV systems in 2024, bringing its cumulative distributed solar capacity to 850 MW. However, the country shifted from net metering to net billing in September.
Greece is pursuing an ambitious island energy transition program. pv magazine visited the island of Tilos for a firsthand account of how one community has blazed a trail in the energy transition.
Israel’s recent strikes have reportedly destroyed or damaged 400,000 to 500,000 solar panels, costing Lebanon an estimated 150 MW to 200 MW of installed solar capacity, according to Pierre El Khoury, former director and president of the Lebanese Center for Energy Conservation (LCEC).
The Greek government, the European Commission, and the European Investment Bank (EIB) have launched the Islands Decarbonisation Fund. They have initially secured €1.6 billion ($1.7 billion) to finance decarbonization projects across the Greek islands.
The Hellenic Association of Photovoltaic Companies (Helapco) says new figures reveal that Greece’s solar sector is growing faster than expected and could reach the nation’s 2030 target of 13.5 GW by 2026. By the end of the year, its cumulative PV capacity could exceed 9.2 GW.
The Greek government decided to auction 100 MW less capacity than initially sought and to offer more money to the awarded projects than expected.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.