Australian territory gives major status to solar plan by Singapore’s Sun Cable

Sun, 2019-07-21 03:34

SYDNEY: Australia’s Northern Territory has given major project
status to an ambitious plan to transmit 3 gigawatts (GW) of solar
power to Singapore by subsea cable, its chief minister said.
Michael Gunner said Singaporean firm Sun Cable’s proposed A$20
billion ($14 billion) solar farm near Tennant Creek would be the
world’s largest, generating 10 gigawatts of power for both Darwin
and Singapore.
Sun Cable plans to provide 3 gigawatts of power via 3,800 km
(2,361.21 miles) of high voltage direct current transmission cable
to Singapore, providing a fifth of the island nation’s
electricity, according to the company’s website.
The Northern Territory — a 1.4 million sq km (540,000 sq miles)
expanse of outback extending from the center of Australia to its
northern coastline — awards major status to projects it sees as
significant to the jurisdiction, helping companies with
co-ordinated government approvals and a dedicated case manager.
Gunner said in an emailed statement that the government would
negotiate a project development agreement with Sun Cable.
“Major Project Status for Sun Cable is an important step toward
making this vision a reality,” he added.

BACKGROUND

International companies are looking to Australia to build wind
and solar farms, attracted by abundant wind and sun and falling
turbine and panel costs.

No further details about the project were available. Sun Cable
could not be immediately reached for comment.
Dozens of international developers are looking to Australia to
build wind and solar farms, spurred by abundant wind and sun,
falling turbine and panel costs, and corporate demand for contracts
to hedge against rising power tariffs.
This comes despite grid constraints and extra scrutiny from network
operators to make sure that new projects do not spark blackouts
such as those suffered two years ago.

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Source: FS – All-News-Economy
Australian territory gives major status to solar plan by Singapore’s Sun Cable