Sun Cable’s Australia-Asia PowerLink (AAPowerLink) project has realised a significant capital raising milestone of $210 million to further development of the world’s largest intercontinental renewable power system in the Barkly Region of the Northern Territory.
Demands for cleaner, more affordable and sustainable energy sources, with improvements in technology are driving innovation in the way energy is generated, distributed and consumed.
The $30 billion-plus project has received Major Project Status with the Northern Territory and Australian Governments and is registered on Infrastructure Australia’s Priority Listing, an investment roadmap outlining national priorities.
The project will integrate a 17-20 GWp solar farm, a 36-42 Gwh battery with over 5,000 km of overhead and subsea transmission lines, connecting Australia to Singapore.
This project has the potential to create 1500 jobs during the construction phase and 350 operational jobs.
The Barkly Region is one of the most consistently sunny places on earth with very flat land suitable for solar panels and close to railway corridor for transmission of electricity and transport of equipment.
Businesses are demanding low emission energy and decarbonisation solutions to support their emissions reduction strategies and to enable sustainable approaches to industry growth.
Next generation decarbonisation strategies are a key feature in master planning for the Middle Arm Sustainable Development Precinct, incorporating
- natural gas as a low-emissions feedstock
- renewable energy sources, including hydrogen
- carbon capture utilisation and storage (CCUS) solutions
The Northern Territory Government is accelerating transformation of Middle Arm into a globally competitive, sustainable precinct with a focus on low emission petrochemicals, renewable hydrogen, carbon capture storage and minerals processing.
Integration of renewable power with CCUS solutions has the potential to capture 97 per cent of LNG production carbon and 95 per cent of ammonia, methanol and an ethane cracker carbon at Middle Arm.
Realisation of a sustainable precinct at Middle Arm could attract over $20 billion in investment, and create over 15000 direct and indirect jobs
Electricity transmission from the AAPowerLink project is expected for Darwin by 2026.
Find out more about the Territory’s transition journey towards renewables.