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Fortune
Fortune
Lionel Lim

Atlassian's billionaire cofounder wants to send renewable power from Australia to Singapore via a 2,600 mile-long undersea cable

(Credit: Lisa Maree Williams—Bloomberg via Getty Images)

Singapore is a small island short of natural resources and relies on imports for almost everything including water and energy. About 2,600 miles away is Australia, rich in natural resources and open space. Now, a billionaire tech founder wants to use some of Australia's unused land mass to give Singapore access to a massive solar farm.

On Wednesday, the Australian government cleared the first phase of SunCable's AAPowerlink project, which hopes to ship energy from a giant solar farm in Australia's north to Singapore, via a 2,600-mile underwater cable. To put that length in context, the $13.5 billion project will require a cable that would cover almost the full east-west length of the continental U.S.

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