MELBOURNE : A huge solar power project in Australia that collapsed last week will be put up for sale before the end of January and the sale process is expected to take about three months, administrators at FTI Consulting said on Friday. The administrators said they plan to appoint an adviser shortly to run the […]
Sun Cable appoints Macquarie and Moelis as Joint Financial Advisers for the Australia-Asia PowerLink – EQ Mag Pro
● Macquarie Capital, Moelis & Company and MA Financial Group are appointed as Joint Financial Advisers to advise, structure, arrange and execute the capital raising strategy for the construction of the AUD30+ billion Australia-Asia PowerLink ● The Australia-Asia PowerLink is targeted to reach financial close by the start of 2024 ● Construction will commence in […]
Sun Cable: New legislation paves way for world’s biggest solar and battery project
The Northern Territory Government has passed legislation that will facilitate the world’s biggest solar and battery storage project, the $30 billion Sun Cable Australia-Asia PowerLink project. The project – which will comprise up to 20GW of solar and 42GWh of battery storage, as well as a major transmission line, converter site and sub sea cable […]
Sun Cable unveils staggering scale of world’s biggest solar and battery project – EQ Mag Pro
Sun Cable, the venture backed by billionaires Mike Cannon-Brookes and Andrew Forrest, has revealed the staggering scale of its proposed solar and battery project – the biggest of its type in the world – as it lodges its environmental impact statements. The project envisages up to 20GW of large-scale solar deployment at Powell Creek, north […]
Sun Cable Puts the Lie to Coalition’s Coal And Gas Jobs Claims – EQ Mag Pro
The Coalition has won federal elections on the basis that coal jobs must be protected and gas jobs developed in any switch to renewable energy. And what was going to replace our fossil fuel energy exports, a fear Labor also exploited in office developing not one, but three LNG gas export plants at Gladstone? (The […]
Dr. Sam’s Sun Cable Spray
Country Liberal Senator for the Northern Territory Dr. Sam McMahon appears to have channelled Senator Matt Canavan in a reaction to the potential location of a massive solar and storage project- the Australia-ASEAN Power Link (AAPL). Sun Cable is proposing to build a $20 billion 10GW solar plant across thousands of hectares in the Northern […]