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Market update 21 September 2026 — Energy, Cyprus

What moved recently in Energy, Cyprus — every item with source and date. Researched and checked by Zeynah.

The news

What happened

Energy

Fraunhofer study: battery storage at substations could enable up to 150 GW of additional photovoltaics

A study by Fraunhofer IEE commissioned by BSW-Solar concludes that battery storage at 1,313 rural substations would allow up to 150 GW of additional PV to be connected, with only about one percent curtailment.

Source: heise online · dated

Cyprus

Great Sea Interconnector: dispute over costs and benefits within Cyprus' government

Finance Minister Makis Keravnos warns the project may cost well more than the projected €1.9 billion and doubts it will lower electricity prices; Diko leader Nicholas Papadopoulos is calling for his resignation and backs the €25 million payment to Greece pledged by President Christodoulides.

Source: Cyprus Mail · dated

Context

What this means for procurement and projects

Derived from the items above — not a forecast.

The study points to future demand for large-scale battery storage and grid connection equipment directly at existing substations in Germany.

Financing of Cyprus' largest cable and grid project remains politically unresolved, affecting timelines and procurement for subsea cable, converters and grid connection.

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