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.
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.
Cyprus curtailed 29% of its renewable energy in 2024, a record high that signals risks to the island’s energy transition.
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.
The University of Cyprus and energy developer Ecotricity Holdings have jointly installed a nanogrid system for a single building in Cyprus. The aim is to minimize the site’s energy consumption costs and eliminate the power system’s carbon footprint.
The municipality of Aradippou, Cyprus, says it is looking for developers to build a 2.96 MW solar plant. The deadline for bids is May 12.
Cyprus has launched a new scheme to fund installations of PV arrays and battery systems, with a specific focus on owners of electric vehicles. Greece, meanwhile, has devised a subsidy scheme to support the use of gas for conventional cars.
The three Mediterranean countries of Greece, Cyprus and Israel signed this week an agreement to develop a subsea cable that links their electricity grids. Upon completion, the so-called EuroAsia Interconnector will be the world’s longest subsea power cable and could boost solar PV development in all three countries substantially.
The Electricity Authority of Cyprus has issued a public call to select landowners to lease space for the development of large-scale solar projects.
After a few years of stagnation, Greece’s PV industry is back with a plan to tender 430 MW in 2019 and to develop hybrid PV and wind projects.
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