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Australia has approved a $13.5 billion (A$20 billion) solar project that aims to transmit energy from a massive solar farm in the country's Northern Territory to Singapore via a 4,300-kilometer (2,672-mile) undersea cable.
As reported by AFP, environment Minister Tanya Plibersek announced that the project, SunCable, will be the world's largest solar precinct, generating enough power to supply three million homes. The development will feature solar panels, batteries, and a connection to Singapore, positioning Australia as a global leader in green energy.
The 12,000-hectare (29,650-acre) project, backed by tech billionaire Mike Cannon-Brookes, will initially deliver four gigawatts of energy per hour for domestic use and export an additional two gigawatts to Singapore. SunCable Managing Director Cameron Garnsworthy stated that the next step involves detailed planning, with a final investment decision expected by 2027. The project’s financing details have not yet been disclosed.
In 2022, renewable energy accounted for 32% of Australia's electricity generation, while coal provided 47%, according to government data.
[Information sourced from AFP]
