[ad_1]
SYDNEY (Reuters) – The Northern Territory of Australia has given the status of major project to an ambitious plan to transmit 3 gigawatts (GW) of solar energy in Singapore by submarine cable, said Saturday its head of government.
Michael Gunner said Singapore-based Sun Cable has proposed the $ 20 billion Australian solar power plant near Tennant Creek, the world's largest, generating 10 gigawatts of power for Darwin and Singapore.
Sun Cable plans to supply 3 gigawatts of electricity to Singapore via a 3,800-mile (2,381.21-mile) high-voltage continuous-power transmission cable, providing one-fifth of the nation's electricity, according to the website of the society.
The Northern Territory – an area of 1.4 million square kilometers (540,000 square kilometers) of hinterland stretching from central Australia to its northern coast – gives major status to projects that He considers it important for the region, helping companies to obtain approb a dedicated case manager.
Gunner said in an email that the government would negotiate a project development agreement with Sun Cable.
"The status of Sun Cable's major projects is an important step in realizing this vision," he added.
No other details about the project were available.
You can not immediately join Sun Cable for a comment.
Dozens of international developers rely on Australia to build wind and solar farms, boosted by the abundance of wind and sun, lower turbine and panel costs and business demand for contracts protection against rising electricity tariffs.
This comes despite network constraints and network operator criticism to ensure that new projects do not cause power outages like those of two years ago.
Among the expanding companies in Australia is the French company Neoen (NEOEN.PA), his compatriot Total-Eren (TOTF.PA), Adani from India (ADEL.NS), American Utility AES Corp (AES.N) and the German Sonnen develop in Australia.
A total of 14.7 GW of A $ 20 billion worth of large-scale solar and wind projects were under construction or were closed last year, more than double the 2017 record, according to Clean Energy Council, a renewable energy advocacy group.
Report by Alison Bevege; Edited by Himani Sarkar
Source link
