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The latest update is out from Mooreast Holdings Ltd. ( (SG:1V3) ).
Mooreast Holdings Ltd. has announced the commencement of feasibility studies to develop up to 500 MW of renewable energy projects in Timor-Leste. This initiative follows a Letter of Intent with Timor-Leste’s Electricity, Water and Sanitation secretariat, aiming to tap into the country’s significant renewable resources and diversify its energy mix away from diesel-fired power. The project includes plans for upgrading grid infrastructure, setting up microgrids, and exploring energy export potential, positioning Mooreast as a key player in Timor-Leste’s energy transformation.
More about Mooreast Holdings Ltd.
Mooreast Holdings Ltd. is a company listed on the Singapore Exchange Catalist, operating in the renewable energy sector. The company is focused on developing large-scale renewable energy projects, including floating wind, solar, hydroelectric, tidal, current, and wave energy solutions.
Average Trading Volume: 128,660
Technical Sentiment Signal: Hold
Current Market Cap: S$31.6M
Find detailed analytics on 1V3 stock on TipRanks’ Stock Analysis page.