East Timor expects construction of first large solar plant to start
EDTL Chairman Marito Ferreira said the solar plant will help Southeast Asia''s poorest nation, also known as Timor-Leste, slash expensive imports of diesel, which almost
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.
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.
For Timor-Leste, bidders are typically from legacy countries such as Indonesia, Portugal and People's Republic of China. 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.
Sign up here. EDTL Chairman Marito Ferreira said the solar plant will help Southeast Asia's poorest nation, also known as Timor-Leste, slash expensive imports of diesel, which almost entirely fuel its power grid currently, and reduce its fiscal burden.
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