Lack of policy hampers energy storage in Cyprus

Although the government last month started offering purchase incentives for residential batteries, a net metering regime which is in place for solar households means there is little to prompt PV owners to splash out more on storage.The chief product officer of a Cypriot-based battery manufacturer which serves Russia and Asian and EU markets but does not sell products in its own backyard, has told pv magazine the lack of an energy storage policy means the island nation "is missing its chance to innovate and lead while we do have the resources and skills." Cypriot Andreas Procopiou said Watts Battery, ...

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