Sun Cable project, which plans to send electricity to S'pore, reaches investment milestone

Sun Cable project, which plans to send electricity to S'pore, reaches investment milestone

The Straits Times - Asia·2022-06-24 09:03

SINGAPORE - Australia's Sun Cable said on Friday (June 24) that a federal government agency has upgraded the investment status of its Australia-Asia Power Link, a milestone the firm says will help with financing one of the world's largest and most ambitious renewable energy projects.

The A$30 billion (S$28.8 billion) power link plans to send electricity to Singapore via subsea cables from a vast desert solar power station south of Darwin in the Northern Territory.

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