Billionaires invest in 'massive' solar farm to supply power to...

Billionaires invest in 'massive' solar farm to supply power to Singapore


Australian billionaires Mike Cannon-Brookes and Andrew "Twiggy" Forrest have joined a capital raising of "tens of millions of dollars" to build a huge solar farm in Australia to supply electricity to Singapore.

The over-subscribed raising marks the start of what could become a $22 billion plan to build the world's largest solar farm with a 10-gigawatt capacity covering 15,000 hectares near Tennant Creek in the NT, and a 22GW-hour storage plant.

The project would aim to supply competitively priced electricity to the Darwin region and to Singapore via a 4500-kilometre high-voltage cable.

disallowed/business/markets/billionaires-invest-in-massive-solar-farm-to-supply-power-to-singapore-20191120-p53cf7.html

Why do I get the sense ,that in the end, we will see the pathetic libs crab walk to solar, as our energy salvation?


Raider