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Cyprus will establish its first large-scale electricity storage infrastructure within the next 16 months, Energy Minister George Papanastasiou announced at the Green Agenda Cyprus Summit in Nicosia on Monday. The absence of storage capacity represents the greatest challenge for integrating. . Cyprus aims to complete energy storage system by 2026, launch competitive electricity market in 2025, KNEWS CLOSE Loading. TRENDING CyprusGreeceTurkeyterrorismtourismvaccine GREEK EDITION Pharmacies Home 12°Nicosia, 14 January, 2026 NEWS BUSINESS LIFE COMMENT OPINION OUT&ABOUT VIDEOS NEWS. . The Cypriot Department of Environment has approved the project for what is set to become one of the country's first battery energy storage systems. This move is key to supporting renewable energy sources like solar power, which currently face challenges due to the lack of storage.