DLA Piper advises Eletricidade de Timor-Leste on a power
DLA Piper advised Eletricidade de Timor-Leste on a PPA to develop Timor-Leste''s first solar PV power plant and battery energy storage system.
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.
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.
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.
DLA Piper advised Eletricidade de Timor-Leste on power purchase agreement for first solar and battery storage project
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