Is there a market for roof-top solar energy systems in Timor-Leste?

Australia's Market Development Facility (MDF) and ITP Renewables conducted an assessment of the potential market for roof-top solar energy systems in Timor-Leste.

How much does electricity cost in Timor-Leste?

The cost of electricity in Timor-Leste for commercial and industrial consumers is high compared to ASEAN countries. For instance, in Indonesia industrial electricity tariffs are 0.11 USD/kWh, compared to 0.24 USD/kWh in Timor-Leste.

Is Timor-Leste a good country for solar energy?

Timor-Leste has a high-quality solar resource. The global horizontal irradiance in Dili is higher than on the east coast of Australia, where the solar market is mature and installation costs are higher. The cost of electricity in Timor-Leste for commercial and industrial consumers is high compared to ASEAN countries.

How long does a solar system last in Timor-Leste?

High electricity costs and readily available solar radiation mean that the average payback period for a rooftop photovoltaic (PV) solar energy system in Timor-Leste is only 1.5 to 3 years instead of the global average of 6-10 years. Transitioning to solar can also help the country meet environmental commitments.

Does Timor-Leste have a demand for solar?

3 MDF survey on understanding demand for solar in Dili, Timor-Leste. Timor-Leste’s rooftop PV solar industry is new and undeveloped. Limited availability of maintenance and spare parts inhibits some businesses from switching to solar.

Why is Timor-Leste not able to finance solar panels?

MDF research found that lenders in Timor-Leste are unwilling to lend to small and medium sized enterprises due to levels of default, perceived risks, and the dificulty of securing collateral. Evaluate the upfront costs of installing solar panels versus long-term savings. Consider financing options to determine overall economic viability.