Finder Energy Accelerates Oil Project with FPSO Acquisition
DILI, Timor-Leste – December 4, 2025 —The outlook for Timor-Leste''s oil and gas sector received a significant boost with the announcement that Finder Energy has agreed to
DILI, Timor-Leste – December 4, 2025 —The outlook for Timor-Leste''s oil and gas sector received a significant boost with the announcement that Finder Energy has agreed to
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
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
Japan''s Itochu Corporation and Électricité de France (EDF) will jointly develop a 72 MW solar power plant and a 36 MW battery energy storage system in Manatuto. The two
East Timor, a nation blessed with over 3,000 hours of annual sunlight, is emerging as a hotspot for photovoltaic (PV) and energy storage investments. With 40% of its population lacking
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
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
By investing in renewable energy, East Timor is positioning itself as a leader in the regional energy market. The plant will not only provide clean energy to Indonesia but also help
Discover how East Timor''s groundbreaking energy storage initiative addresses electricity challenges while creating opportunities for renewable energy integration. Explore technical
DLA Piper advised Eletricidade de Timor-Leste on its first utility-scale solar PV and battery storage project with a 100MW capacity, marking a major milestone in the country''s
With an initial annual production capacity of 10,000 units, or roughly 40 gigawatt-hours of energy storage, this Megafactory is set to significantly contribute to Tesla''s global
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
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
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
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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.
DLA Piper advised Eletricidade de Timor-Leste on its first utility-scale solar PV and battery storage project with a 100MW capacity, marking a major milestone in the country’s renewable energy transition.
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:
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.