CXO will eventually be low carbon producer important in the future
news today on sun cable
Plans continue to ramp up for the Sun Cable Australia-Asia Power Link, a +$30 billion mega project that will include a 17-20GW solar array, the world’s biggest battery at a scale of 36-42GWh and the world’s longest subsea cable. Backed by Aussie billionaires Mike Cannon-Brookes and Andrew Forrest, the AAPowerlink jumped a major hurdle yesterday, securing a key recommendation from the Indonesian Government that it can run the cable through Indonesian waters. The outcome of the project would be grand in scale, delivering 8.6Mt of CO2 abatement and supplying 15% of Singapore’s electricity needs from 2028 to match its entire climate abatement gap in its 2030 emissions reduction targets, and supplying renewable energy to Darwin in the Northern Territory.
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