Cyprus is set to build its first large-scale electricity storage system within the next 16 months, according to Energy Minister George Papanastasiou. This move is key to supporting renewable energy sources like solar power, which currently face challenges due to the lack of storage. It features robust lithium iron phosphate (LiFePO4) batteries with scalable capacities, supporting on-grid and off-grid configurations for reliable energy storage solutions. The scheme, funded through the 'THALIA 2021-2027' Cohesion Policy Programme and the Just. . Cyprus is rapidly embracing energy storage solutions to support its renewable energy transition and ensure grid stability.
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