Singapore’s Sun Cable Pty Ltd on Tuesday opened an expression of interest (EoI) for supplying electricity to Singaporean clients through an undersea cable linked to an up to 20-GWp solar complex in Australia.
The power will be procured through the so-called Australia-Asia PowerLink (AAPowerLink), which the Singaporean firm intends to build at an investment of over USD 23 billion (EUR 19.8bn).
Under the plan, power will be harnessed from a solar photovoltaic (PV) park with a capacity of between 17 GWp and 20 GWp that will be built in Australia’s Northern Territory and a 36 GWh-42 GWh energy storage facility. The electricity will be exported via a 4,200-km (2,610-mile) undersea High Voltage Direct Current (HVDC) transmission cable system from Darwin to Singapore.
The scheme comes to support the Singaporean government’s strategy to import up to 4 GW of electricity into the country by 2035.
Power deliveries to Singapore will be carried out after a competitive market process. Sun Cable noted it is witnessing strong demand for renewable power in Singapore after engaging with local commercial and industrial power users. This process will continue over the next few months, it added.
Construction of the power link is due to be initiated from 2024. Electricity supplies to Darwin are expected to be launched by end-2026, while to Singapore they will commence in 2027.
(USD 1.0 = EUR 0.860)
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