Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems paired with existing renewable energy plants. Eligible projects will be remunerated by feed-in tariffs (FiTs) or net billing systems. From ESS News
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The cabinet approved the first state subsidy scheme for energy storage systems at existing renewable energy parks and net billing installations, the energy ministry
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Cyprus has introduced its first-ever energy storage subsidy scheme concerning large-scale renewable energy plants. The subsidy scheme runs until 2027, at which time the ministry will be running open calls for bids.
GreenYellow, a French-based developer of solar, battery storage and electric mobility projects, has secured €49 million (£41.6m $55.6m) in debt for a 116MW solar portfolio
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Aypa Power, a Blackstone portfolio company and developer of utility-scale energy storage and hybrid renewable energy projects, announced closing $535 million in debt
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