SunCable has received conditional approval from the Singaporean Government’s Energy Market Authority (EMA) to import green electricity via its flagship project the Australia-Asia PowerLink (AAPowerLink).
The conditional approval follows a comprehensive process by the EMA that determined AAPowerLink is technically and commercially viable.
SunCable International interim CEO Mitesh Patel said, “Today’s announcement is a vote of confidence in the commercial and technical viability of our project.
Related article: SunCable’s AAPowerLink ticks federal enviro approval
“Obtaining conditional approval means SunCable can move forward with the next phase of development and commercial activities and strengthening our partnership with Indonesia.
“We will also progress commercial discussions with industrial customers in Singapore and engagement with the Northern Territory Government and the Traditional Owners of the project site.
“We are seeking to supply up to 1.75GW (15%) of Singapore’s total electricity needs, and to critically diversify Singapore’s technology and import origin mix, which will improve the resilience of the country’s energy grid and help it achieve its net zero goals.”
The AAPowerLink aims to deliver 1.75GW of green electricity to customers in Singapore, in addition to the planned 4GW staying in Australia to power future green industries in Darwin.
SunCable will uniquely offer customers a firm 24/7 load sourced from solar and wind energy backed by storage to meet Singapore’s day and night-time renewable energy demand.
Related article: Cannon-Brookes acquires Sun Cable AAPowerLink project
Energy will be generated in the Barkly region of the Northern Territory, which offers some of the world’s best renewable resources, facilitating globally cost-competitive and secure green power.
In August, the AAPowerLink received its principal Commonwealth Government environmental approval, allowing the company to pursue the next phase of development, working closely with valued stakeholders in Australia and overseas.
SunCable is advancing key authorisations and approvals with the Northern Territory Government and with the Traditional Owners of the generation site, and is progressing commercial offtake discussions with green industrial proponents in the Darwin region.
