About Timor-Leste Energy Storage Vehicle Design
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About Timor-Leste Energy Storage Vehicle Design video introduction
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3 FAQs about [Timor-Leste Energy Storage Vehicle Design]
Why should Timor-Leste invest in solar & storage infrastructure?
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.
Does Timor-Leste rely on diesel fuel?
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.
Does Timor-Leste provide backstop guarantee for EDTL obligations?
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. Special Investment Agreement, if concluded could allow the winning bidder a leasing of the Site at a concessional rate and other benefits.
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