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Home / Timor-Leste secures $85.7 million for first solar-storage IPP
Back·July 29, 2026·pv magazine Global
Read at pv magazine Global

Timor-Leste secures $85.7 million for first solar-storage IPP

SolarNews Brief

Timor-Leste has secured an $85.7 million financing package for a 73.7 MWac solar plant paired with 80.2 MWh of battery storage. The project is the country’s first utility-scale solar-plus-storage project and its first independent power producer scheme.

pv magazine reports that the financing brings together the Asian Development Bank, the World Bank, and investors from Canada and Japan. The project will be operated by Manatuto Renewables Power, a joint venture between EDF and Itochu. For Timor-Leste, the deal creates a bankable template for replacing diesel generation with utility-scale renewables and firming capacity.

Read the full story at pv magazine Global

Source: pv magazine Global. Solar News summarizes; the complete story is on the publisher's site.

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