East Timor solar Energy Storage Investment Company

4 FAQs about East Timor solar Energy Storage Investment Company

What is the Timor-Leste solar power project?

The Project involves the construction and 25-year operation of a new power plant in Manatuto, Timor-Leste, comprising a 72 MW solar power plant co-located with a 36 MW/36 MWh battery energy storage system. This will be the country's first full-scale renewable energy IPP project.

Will East Timor retire its diesel power plants?

East Timor plans to retire its diesel power plants in the "near-to-medium term," Ferreira said, adding that the country hopes to switch to natural gas-fired power plants and consider further renewable investments to further cut power costs.

Will East Timor's first solar power plant be built in 2026?

During his nine years as a Reuters correspondent, he has attempted to lend a global perspective to small-town issues. East Timor expects the construction of its first large solar power plant to begin in 2026 and become operational months later, the state utility's chair told Reuters, helping it slash expensive diesel imports.

Why should Timor-Leste invest in solar & storage infrastructure?

José added: “The investment in Timor-Leste's solar and storage infrastructure is transformative. It will help reduce dependence on fossil fuels while improving grid stability and energy access across the country”. José de Ponte was supported by special counsel Marnie Calli, senior associate Lisa Huynh and solicitor Jeraldine Mow.