Sun Cable – considered to be the world’s biggest renewable energy export project – announced this week it had entered voluntary administration following “the absence of alignment” with shareholders.
Sun Cable is expected to cost over A$30 billion. It proposes to build an enormous, 12,000 hectare solar farm in the Northern Territory, add an enormous (40 gigawatt hour) battery for electricity storage, then connect Australia to Singapore via Darwin through an undersea cable over 4,000 kilometres long. This would be by far the world’s longest electricity cable if it existed today.
It would see Darwin access 800 megawatts of additional electricity and Sun Cable could supply “up to” 15% of Singapore’s electricity by 2030. To put this into context, Singapore’s annual electricity consumption is about one quarter of Australia’s.
