Australia approved plans for a massive solar and battery farm that would export energy to Singapore
- announced environmental approvals for the US$24 billion SunCable project in Australia’s remote north
- project will include an array of panels, batteries and, eventually, a cable linking Australia with Singapore
- hoped that energy production will begin in 2030
- project will provide four gigawatts of energy per hour for domestic use & two more gigawatts sent to Singapore via undersea cable will supply about 15 percent of the city-state’s needs
More info in the interesting report from AFP.
This article was written by Eamonn Sheridan at www.forexlive.com.
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