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Electricity Authority of Cyprus

Lack of policy hampers energy storage in Cyprus

Although the government last month started offering purchase incentives for residential batteries, a net metering regime which is in place for solar households means there is little to prompt PV owners to splash out more on storage.

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Cyprus’ largest PV park is operating subsidy-free

The 8 MW facility has been developed by a cement producer to supply around 10% of the annual electricity needs of its nearby factory. Under subsidy-free rules, the power will be bought by the Electricity Authority of Cyprus for the average price it would have paid if the electricity had come from fossil fuels.

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