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Did DLA Piper advise Eletricidade de Timor-Leste on power purchase agreement?

DLA Piper advised Eletricidade de Timor-Leste on power purchase agreement for first solar and battery storage project

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 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.

How has Timor-Leste benefited from a power purchase agreement (PPA)?

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:

Does improved electricity access improve development outcomes in Timor-Leste?

Overall, Timor-Leste's HDI has shown little improvement since 2010, while electricity access doubled to 100 %. The effects of improved electricity access on development outcomes appear less than observed internationally. Fig. 3. Timor-Leste's HDI component indices 2000–2021.

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