Powering Timor-Leste''s future with its first solar
DLA Piper advised Eletricidade de Timor-Leste on a PPA to develop Timor-Leste''s first solar PV power plant and battery energy
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.
Project's partner in DLA Piper's Finance practice José de Ponte commented: “Timor-Leste has long relied on diesel fuel to power its grid, placing a significant financial burden on the state and end users.
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:
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