The vision for the Global Grid will require the long distance transfer of renewable energy between multiple continents, across land and sea to accelerate the transition to Net Zero in a sustainable way. We're pleased that the next phase of development for SunCable’s Australia-Asia Power Link project is underway, connecting Australia’s Northern Territory with Singapore via 4,300km of subsea cable. Securing approval from the Australian government signifies confidence in innovative large-scale global energy solutions. According to BloombergNEF Energy Transition Investment Trends 2024 report, several countries are converging on the need to expand and modernise their power grids to achieve their Net Zero ambitions. When completed, our Xlinks Morocco-UK Power Project will be powered by new wind, solar and battery facilities in Morocco via 4000km (2485 miles) HVDC sub-sea cables to Great Britain. Large-scale multinational projects like these underscore the need for decision makers and investors to look beyond Net Zero. By embracing what comes next, the creation of sustainable industries, generation of new jobs, and the provision of near-constant, affordable supply of clean energy for consumers, will be a key driver of future solutions. #NetZero #GlobalGrid #CleanEnergy
We are excited to announce that SunCable’s Australia-Asia Power Link (AAPowerLink) has received environmental approval from the Commonwealth Government under the Environment Protection and Biodiversity Conservation (EPBC) Act. The endorsement allows us to move forward with the next phases of engineering, development, and commercial planning to take the project to Final Investment Decision (FID). AAPowerLink is one of the largest energy infrastructure projects to ever receive an EPBC Act approval, covering a project footprint approximately 2,000km long from the heart of the Northern Territory, extending to the Australian and Indonesian maritime border. Through AAPowerLink, SunCable seeks to supply power to industrial customers in both Darwin and Singapore by harnessing, storing, and transmitting renewable energy sourced from the Barkly region of the Northern Territory, Australia. AAPowerLink stands to attract large-scale investment and global talent to Australia, elevating its position as a world leader in renewable energy technology. #SunCable #AAPowerLink #EPBCApproval #CommonwealthGovernment #RenewableEnergy #Sustainability