TYO Energy
Independent developer of energy infrastructure

Developing battery energy storage for Cyprus

TYO Energy develops utility-scale standalone battery storage projects that make the island grid more flexible, more stable and more renewable.

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390 MWhstorage capacity across two sites
2029target for commercial operation
3 hrscontinuous discharge duration
LFPlithium-ion technology
About us

From site identification to operation

T.Y.O. ENERGY LIMITED is an independent energy infrastructure developer incorporated in the Republic of Cyprus. We develop projects end to end, from land and licensing through engineering and construction to long-term operation, with a current focus on standalone Battery Energy Storage Systems (BESS) connected to the national electricity network.

Land

Identifying suitable land and entering a commercial partnership with the landowner to advance an energy project.

Licensing

Permitting before CERA, the Transmission System Operator and the competent planning authorities, and securing grid connection capacity.

Build & operate

Construction management, project finance and long-term asset operation and maintenance.

Why Cyprus

An isolated grid that needs storage

Cyprus is not interconnected with neighbouring grids and has no natural gas, so most power comes from expensive liquid fuels. Midday solar surpluses are often curtailed while evenings run short. With the market now open to competition, storage can buy power when it is abundant and deliver it when it is needed.

Unlock renewables

Higher renewable penetration and less curtailment, aligned with Cyprus and EU energy transition objectives.

Balance the system

Fast-response balancing and flexibility services for an isolated electricity system, improving network stability and security of supply.

Project pipeline

Two projects in licensing

Both projects use utility-scale LFP lithium-ion technology with three hours of continuous discharge and connection at 22 kV.

Famagusta District BESS

Eastern Cyprus

71.67 MW / 215 MWh

In licensing

Nicosia District BESS

Central Cyprus

58.33 MW / 175 MWh

In licensing
Our approach

A disciplined development process

A

Identify

Site screening, feasibility and due diligence, then land secured.

B

License

CERA licence, environmental and planning applications, grid request.

C

Ready to build (RTB)

All licences, building permit and grid connection agreement in hand, ready for financing.

D

Build & operate

Financing, construction and long-term operation of the facility.

Local engineering

Electrical engineers with deep knowledge of the Cyprus grid.

Legal & regulatory

A dedicated team for local regulation, due diligence and land law.

On-the-ground network

Relationships with regulators, utilities, contractors and financiers.

Leadership

Infrastructure, finance and regulation experience

Partner & Chairman

Ori Yogev

Career across infrastructure, energy, telecom and finance in Israel's public and private sectors. Chairman of Aluma, a leading Israeli infrastructure investment fund; formerly Director General of the Government Companies Authority and CEO of Bezeq International.

Partner & CEO

Tomer Yogev

Financial and development executive in energy and infrastructure, leading projects from land acquisition to operation. Formerly senior investment manager at an infrastructure fund and senior finance executive at one of Israel's largest public energy companies.

Partner & COO

Yaniv Markowitz

Two decades in regulation, land-use policy and real estate development. Leads a real estate fund in Cyprus; formerly deputy mayor and chairman of a regional environmental authority.

Let's talk

Landowners, partners, investors and suppliers are welcome to reach out.