SunCable has received primary environmental approval from the Northern Territory Government and the Environmental Protection Authority. This authorization marks a crucial step for the Australia-Asia Power Link (AAPowerLink) project, facilitating their progression to the next stage of development. With this approval, the company can proceed with the necessary development, commercial and engineering activities until the Final Investment Decision is reached.
This project represents an unprecedented opportunity for the Northern Territory (NT) to lead the global shift to renewable energy. renewable energy. Through AAPowerLink, it aims to exploit the region’s world-class renewable energy resources to provide green electricity to consumers in Darwin and Singapore.
Australia-Asia project boosts industrial development in the NT
[post_relacionado]Considered the largest transmission and renewable energy project under development in the world, AAPowerLink is projected to be one of the largest industrial economic developments in Australia’s history. The project includes the creation of the world’s largest renewable energy district in the Barkly region of the NT, with a capacity to deliver up to 4 GW of constant green electricity to industrial customers in two stages of development.
Cameron Garnsworthy, CEO of SunCable Australia, highlighted the importance of this approval, noting that it significantly boosts the project. He expressed his enthusiasm for leading the global energy transition from Australia, emphasizing the project’s potential to foster a new wave of green industrial development in the NT.
Indonesia approves subsea connection of Sun Cable’s solar farm to Singapore. Source: Philip Andrew
Renewable energy and job creation
The Final Investment Decision is expected to be made in 2027 and electricity supply is expected to start in the early 2030s. The approved infrastructure includes a large-scale solar generation and storage site at Powell Creek, a high-voltage DC overhead transmission line and the Darwin converter site, which will be critical to connect and convert power for transmission to Darwin and Singapore.
The project is estimated to generate more than A$20 billion in economic value for the NT during the construction phase and the first 35 years of operation and also create an average of 6,800 direct and indirect jobs annually during construction.
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Source and photo: suncable.energy