The Cyprus Electricity Authority announced a tender for the construction of energy storage systems in three substations located in Nicosia, Larnaca, and Paphos. Bids are to be submitted by December 3, 2025. HESS Hybrid Energy Storage Systems is planning to install a 59 MW facility with a capacity of 120 MWh, which would ease the strain on the European. . The Mediterranean island country's Ministry of Energy, Commerce and Industry announced last week (14 November) that the government Council of Ministers had approved the EUR35 million (US$36. Cyprus aims to complete energy storage system by, launch The government plans. . 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. . Applications for participation in the scheme will be accepted from January 15, 2025.