Will CNNP move into the solar market of Timor-Leste?
The renewables unit of China National Nuclear Power (CNNP) is considering a move into the solar market of the Southeast Asian market of Timor-Leste, two sources told Infralogic. CNNP Rich Energy is interested in taking part in an international tender to develop a solar plus battery energy storage system, they said.
Can Timor-Leste generate solar energy?
As almost the whole territory of Timor-Leste has the potential to successfully generate solar energy, the Government is keen to tap into this potential to setup utility scale solar plants as well as off-grid lighting solutions for remote localities.
Can a Timor-Leste solar power plant be financed?
The tender, which was announced in February this year by state utility Eletricidade de Timor-Leste, is seeking an investor that can design, finance, operate and maintain a 72-85 MW solar power plant and a 36-43 MW battery energy project under long-term purchase agreements with the state grid in the capital city of Manatuto, the sources said.
What are the main sources of energy in Timor-Leste?
Fossil fuels in Timor-Leste are imported from neighbouring countries such as Indonesia and Australia. Seventy-five percent of oil imports are used for electricity production, with the remaining 25 percent consumed in the transport sector. Other sources of energy. Lighting needs are met by the use of kerosene, plant oils and batteries.
How long will the integrated power facility last in Timor-Leste?
The duration of the integrated power facility will be about 25 years, and the bid deadline is 1 May. Renewables account for only 8% of the total electricity supply in Timor-Leste, with 99% of that coming from bioenergy and 1% from solar, according to a report issued by the International Energy Agency last year.
Will Timor-Leste replace oil imports with solar power?
More than 75% of oil imports in Timor-Leste are used for electricity production across the country and around 90% of the sector’s operating costs are fuel costs associated with power generation. The Government of Timor-Leste intends to replace part of this high-cost generation by more cost-efficient solar power.
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