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Market update 17 October 2026 — Energy, Copper, Boron, Cyprus

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

The news

What happened

Energy

Metlen and Karatzis inaugurate 330 MW / 790 MWh battery storage in Thessaly

The standalone facility near Larissa uses Jinko ESS systems; the grid connection agreement with ADMIE/IPTO caps injection at the high-voltage substation at 330 MW.

Source: ESS News · dated

Energy

TEİAŞ tender for 154 kV Çukurca substation: Girişim Elektrik ranked first

The Turkish transmission operator's tender for the substation in Hakkari has a base value of TL 390.9 million; instrument transformers, circuit breakers and power transformers are to come from Europower companies.

Source: Yeşil Haber · dated

Copper

Copper cable plants in China: operating rate rises to 69.79%, grid orders support demand

According to SMM, the operating rate rose 9.61 percentage points in the week of 9–15 October; orders from the power grid and new energy remain steady, while other end demand stays subdued.

Source: Shanghai Metals Market (SMM) · dated

Boron

Eti Maden targets 2.865 million tonnes of boron sales and USD 1.9 billion revenue by 2029

The state producer with a 61% global market share plans investments of TL 31 billion for 2026 and beyond and is examining opportunities in Africa, Central Asia, the Middle East and South America.

Source: Türkiye Gazetesi · dated

Cyprus

Energy Minister Damianos: Cyprus needs the Great Sea Interconnector

Speaking to US Senator Rick Scott, Michael Damianos called ending the energy isolation of Cyprus, the only EU state without an electricity interconnection, a strategic priority.

Source: Cyprus Mail · dated

Cyprus

Shipping agents: grid capacity is holding back shore power in Cypriot ports

Reginos Tsanos, president of the shipping agents' association, called electricity network capacity a major hurdle and urged coordinated planning, citing Vasiliko and Larnaca port.

Source: Cyprus Shipping News · dated

Context

What this means for procurement and projects

Derived from the items above — not a forecast.

Large-scale storage in Greece is running into grid connection limits, pointing to demand for substation and grid expansion as well as storage components.

Ongoing substation tenders in Türkiye mean demand for high-voltage equipment and transformers; so far only the ranking has been disclosed, not a contract.

Grid and energy projects remain the main buyers of copper cable, indicating where supply and procurement demand lies.

Rising volumes and planned investment at the largest boron supplier mean procurement and equipment demand, and a larger supply for buyers in glass, ceramics and energy.

The interconnector remains Cyprus's central grid project; progress would create demand for cable, converter and grid equipment.

Shore power in ports requires grid reinforcement, substations and cable, a foreseeable infrastructure need in Cyprus.

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