Project backed by Andrew Forrest and Mike Cannon-Brookes to supply electricity to Singapore given go-ahead for subsea cable
A multi-billion dollar plan to supply electricity to Singapore from a giant solar farm in the Northern Territory has cleared a key regulatory hurdle after winning support from the Indonesian government for a subsea cable route through the archipelago.
The Sun Cable project, backed by billionaires Andrew “Twiggy” Forrest and Mike Cannon-Brookes and now expected to cost more than $30bn, also announced it was expanding its proposal by up to 40%, lifting its potential capacity from 14 gigawatts to between 17 and 20 gigawatts.