KUALA LUMPUR, Oct 17 (Reuters) - East Timor expects the construction of its first large solar power plant to begin in 2026 and become operational months later, the state utility's chair told Reuters, helping it slash expensive diesel imports.
East Timor plans to retire its diesel power plants in the "near-to-medium term," Ferreira said, adding that the country hopes to switch to natural gas-fired power plants and consider further renewable investments to further cut power costs.
Sign up here. EDTL Chairman Marito Ferreira said the solar plant will help Southeast Asia's poorest nation, also known as Timor-Leste, slash expensive imports of diesel, which almost entirely fuel its power grid currently, and reduce its fiscal burden.
East Timor has also issued rights to mine gold to joint ventures between Timorese companies and Australian miners, and is exploring onshore natural gas in central and eastern Timor, which could further boost demand for power.
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