Energy storage to reach ‘hundreds of megawatts’ by end of 2027, minister says

Energy Minister Michael Damianou said on Wednesday that Cyprus is expected to have “several hundred megawatts” of energy storage capacity installed by the end of 2027, allowing greater use of renewable energy and strengthening the island’s electricity system.

Speaking before a high-level workshop organised by the Cyprus Employers and Industrialists Federation (OEV) on reducing electricity costs, Damianos said battery storage would enable more solar energy to be integrated into the grid while...