AGP Executive Report
Last update: 2 hours agoElectricity & Renewables: Cyprus is accelerating electricity storage after the TSO moved to build storage alongside private projects, with connection terms already issued for stand-alone systems (200+ MW, ~500 MWh) and hybrid solar-battery setups, plus a tender for three storage systems totaling 120 MW and 400 MWh. Energy Security: Cyprus and Lebanon have agreed to a World Bank-backed study on a possible electricity interconnection, with a phased feasibility process aimed at linking Lebanon to the wider European grid via Cyprus. Waste & Compliance: Parliament rejected a municipal waste landfill tax, putting €23m of EU funding for waste-management modernisation at risk, while the government also approved €1m emergency support to clear illegal dumping sites and cut wildfire hazards. Labour Enforcement: The labour ministry plans to double inspectors to crack down on illegal and undeclared work after checks in restaurants and bars led to detentions over breaches of work rules. Local Industry & Food: Cyprus consumers keep spending resilient during summer sales, while Türkiye reports $23.5m in ice cream exports in the first four months of 2026, highlighting regional food-processing capacity. Environment & Agriculture: A major wildfire in Pyrga was brought under control after a large forestry response, and Cyprus’ buffer zone continues to be discussed as a biodiversity refuge.
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