Mooreast to Explore Up to 500 MW RE Projects in Timor-Leste

14 Nov 2025 CW Team

The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten years.

As part of the feasibility phase, Mooreast will evaluate suitable offshore locations along Timor-Leste’s coastline to harness floating wind, solar, hydroelectric, tidal, current, and wave energy.

The LOI forms the foundation of a broader two-phase Renewable Energy Development Plan aimed at accelerating the country’s shift toward sustainable energy. Timor-Leste, which currently depends heavily on diesel-fired power generation, has set a target of achieving 100 per cent electrification by 2030, supported by a diversification into clean energy. The nation recently became the 11th member of ASEAN at the 47th ASEAN Summit in Kuala Lumpur.

Beyond project development, Mooreast’s scope under the proposed plan also includes:

Upgrading grid transmission and RE integration infrastructure
Establishing pilot microgrids for remote communities
Exploring power and hydrogen fuel export potential
Introducing smart-grid and energy storage technologies

Mooreast has been granted 12 months of exclusivity to complete feasibility studies and outline commercial, technical, and financing models. A formal Project Development Agreement (PDA) is expected in the first half of 2026. The PDA will cover:

Joint ventures for RE project development
Green financing and investment frameworks
Roles and responsibilities of Electricidade de Timor-Leste (EDTL)
Mooreast’s EPCI and floating RE responsibilities
Long-term Power Purchase Agreement terms

Mooreast, a specialist in offshore mooring and rigging solutions, is Asia’s only designer and manufacturer of ultra-high-power anchors. The Group is actively expanding its footprint globally amid rising adoption of floating wind technologies.

Eirik Ellingsen, CEO of Mooreast, said, “Timor-Leste has significant potential for floating renewable energy, which can drive economic development and support the nation’s electrification and sustainability goals. We are excited to bring our expertise and partnerships to deliver a mutually beneficial outcome.”

Mooreast Holdings, listed on the Singapore Exchange Catalist, announced that it will begin feasibility studies this month for the development of up to 500 megawatts (MW) of large-scale renewable energy (RE) projects in Timor-Leste.The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten years.As part of the feasibility phase, Mooreast will evaluate suitable offshore locations along Timor-Leste’s coastline to harness floating wind, solar, hydroelectric, tidal, current, and wave energy.The LOI forms the foundation of a broader two-phase Renewable Energy Development Plan aimed at accelerating the country’s shift toward sustainable energy. Timor-Leste, which currently depends heavily on diesel-fired power generation, has set a target of achieving 100 per cent electrification by 2030, supported by a diversification into clean energy. The nation recently became the 11th member of ASEAN at the 47th ASEAN Summit in Kuala Lumpur.Beyond project development, Mooreast’s scope under the proposed plan also includes:Upgrading grid transmission and RE integration infrastructureEstablishing pilot microgrids for remote communitiesExploring power and hydrogen fuel export potentialIntroducing smart-grid and energy storage technologiesMooreast has been granted 12 months of exclusivity to complete feasibility studies and outline commercial, technical, and financing models. A formal Project Development Agreement (PDA) is expected in the first half of 2026. The PDA will cover:Joint ventures for RE project developmentGreen financing and investment frameworksRoles and responsibilities of Electricidade de Timor-Leste (EDTL)Mooreast’s EPCI and floating RE responsibilitiesLong-term Power Purchase Agreement termsMooreast, a specialist in offshore mooring and rigging solutions, is Asia’s only designer and manufacturer of ultra-high-power anchors. The Group is actively expanding its footprint globally amid rising adoption of floating wind technologies.Eirik Ellingsen, CEO of Mooreast, said, “Timor-Leste has significant potential for floating renewable energy, which can drive economic development and support the nation’s electrification and sustainability goals. We are excited to bring our expertise and partnerships to deliver a mutually beneficial outcome.”

Infrastructure Urban

15 Jan 2026

German Chancellor Visits Bosch India Campus in Bengaluru

Strengthening the long-standing partnership between India and Germany, Friedrich Merz, Federal Chancellor of the Federal Republic of Germany, recently visited the Bosch campus at Adugodi, Bengaluru, during his India trip. The delegation was hosted by Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director, Bosch Limited, who showcased key innovations developed in the region.During the visit, the delegation experienced Bosch’s H2ICE demonstrator truck featuring a fully integrated powertrain and telematics system. Bosch India, in collaboration with Bosch Germany, is ad..

Infrastructure Urban

15 Jan 2026

ICC, Maharashtra Sign MoU to Boost Industry Engagement

The Indian Chamber of Commerce (ICC) and the Government of Maharashtra recently signed a Memorandum of Understanding (MoU) to enhance cooperation and deepen engagement between Indian businesses and the State, with a focus on investment facilitation, ease of doing business and sustained industry–government dialogue.The MoU was signed by Dr P Anbalagan, IAS, Principal Secretary (Industry, Investment and Services), Government of Maharashtra, and Dr Rajeev Singh, Director General, ICC, in the presence of leading business representatives.Speaking on the occasion, Dr Anbalagan said the partnership..

Real Estate

15 Jan 2026

Regal Rexnord Opens Unified Singapore Regional Office

Regal Rexnord recently opened a new office in Singapore, consolidating employees and capabilities from its former sites into a single, modern, region-focused location. The move brings together two existing offices and strengthens collaboration across its portfolio of brands, including CENTA, Jaure, Kollmorgen, Nicotra and Falk.By housing teams under one roof, Regal Rexnord aims to deliver a more seamless experience for customers seeking mechanical power transmission, motion control and automation solutions across Southeast Asia. The consolidated setup is designed to enhance coordination across..