Cyprus is set to expand its energy infrastructure with new storage facilities and power generators, Giorgos Petrou, president of the Cyprus energy regulatory authority (Cera) confirmed on Wednesday.

According to a report on StockWatch, Petrou revealed that an additional proposal is under review for an energy storage unit at the Moni power plant, which currently houses only fast-start units activated during system failures. This would complement the main storage station and another facility in Dhekelia.

Petrou confirmed that after parliamentary approval of the relevant bill, the final green light from Cera is now awaited to launch a tender for specialised batteries.

“The central storage system will consist of three battery units,” he said.

“One will be installed at the Vasilikos power station, another in Paphos, and the third in western Nicosia.”

Meanwhile, expressions of interest are also expected for a separate €62 million, 160 MWh storage project in Dhekelia.

The electricity authority (EAC) has also approved plans for a third storage station in Moni, though the project remains under review.

Petrou also addressed the ongoing tender for two new 40 MW generators at Dhekelia power plant, totalling 80 MW.

Greek firms Terna and Avax, whose initial bids were rejected last month for failing to meet contract terms, must submit revised proposals by the end of the month. Terna’s previous offer stood at €107 million, while Avax’s reached €137 million, both proposing Siemens machinery.

Petrou noted that the updated bids may feature different generator models or suppliers, including alternatives from Siemens, General Electric, or other major manufacturers.