Signing of Power Purchase Agreement (PPA) for
The Project involves the construction and 25-year operation of a new power plant in Manatuto, Timor-Leste, comprising a 72 MW solar
The Project involves the construction and 25-year operation of a new power plant in Manatuto, Timor-Leste, comprising a 72 MW solar
This landmark project included drafting and negotiating a power purchase agreement (PPA) and an implementation agreement with the Ministry of Finance, marking a
The landmark project includes drafting and negotiating a power purchase agreement (PPA) and an implementation agreement with the Ministry of Finance, marking a
Under a 25-year agreement, the plant will provide electricity to Electricidade de Timor-Leste (EDTL), significantly reducing the country''s dependence on costly diesel imports.
Electricidade de Timor-Leste Empresa Pública (EDTL, E.P.), Timor-Leste''''s State-Owned Company in Electricity and Energy Sector, is seeking to award a power purchase agreement
Under the agreement, Huawei Digital Power will provide a complete smart PV & energy storage system (ESS) solution for the 1 GW utility-scale PV plant and 500 MWh ESS 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
EDTL has invited, through an international public tender, proposals for the development of the Project by independent power producer ("IPP"). Once selected, the IPP is expected to
JA Solar has signed a 1.25GW module procurement agreement with the China Energy Engineering Corporation (CEEC) for Africa''s largest photovoltaic (PV) storage project, to be
Major projects now deploy clusters of 20+ containers creating storage farms with 100+MWh capacity at costs below $280/kWh. Technological advancements are dramatically improving
Description - Eletricidade de Timor-Leste Empresa Publica (EDTL-EP) has released a Invitation for Bids for Addendum no-3 to POWER PURCHASE AGREEMENT FOR
This landmark project included drafting and negotiating a power purchase agreement (PPA) and an implementation agreement with the Ministry of Finance, marking a
PDF version includes complete article with source references. Suitable for printing and offline reading.
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.
This landmark project included drafting and negotiating a power purchase agreement (PPA) and an implementation agreement with the Ministry of Finance, marking a significant step in Timor-Leste’s transition to renewable energy and the modernisation of its electricity infrastructure. José de Ponte, Partner in DLA Piper’s Finance practice, commented:
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.
For the Solar IPP project, Government of Timor-Leste represented by the Ministry of Finance has provided backstop guarantee for EDTL obligations under the Implementation Agreement. Special Investment Agreement, if concluded could allow the winning bidder a leasing of the Site at a concessional rate and other benefits.