French Meridiam becomes majority shareholder in Great Sea Interconnector
French group Meridiam signed a deal to become a shareholder in Great Sea Interconnector (GSI), the project that aims to connect Greece, Cyprus and Israel.
New Cypriot Minister of Energy, Commerce and Industry Michael Damianos takes office
New Minister of Energy, Commerce and Industry Michael Damianos took helm from his predecessor George Papanastasiou
Cypriot firm preparing to build several solar parks with batteries
Larnaca-based SAOLA plans to build a group of small hybrid power plants consisting of photovoltaic units and battery energy storage systems
Green light for one of first standalone battery investments in Cyprus
The Department of Environment of Cyprus issued an approval for what could become one of the country's first battery energy storage systems
Electricity exchange kicks off in Cyprus with 17 participants
The power market liberalization in Cyprus took effect as trading began at the new electricity exchange's day-ahead, forward and balancing markets
Uncertain future of Greece-Cyprus Great Sea Interconnector project
Greece and Cyprus find themselves at odds when it comes to Great Sea Interconnector (GSI), their big project for a subsea electricity cable
Cyprus TSO favored in national battery storage tender
Cyprus is rushing to deploy a centralized battery storage system, under indirect state control, on the transmission grid
Cyprus curtails as much renewable electricity in first half of 2025 as whole last year
Curtailments of renewable electricity in Cyprus topped 167 GWh in the first six months of 2025, equivalent to last year's entire cuts