In a significant step forward for renewable energy exports, the Australian government has granted environmental approval to an ambitious solar project that aims to supply electricity to Singapore via an undersea cable.
SunCable, the company behind the Australia-Asia Power Link (AAPowerLink), announced in August that it has secured approval from the Commonwealth Government under the Environment Protection and Biodiversity Conservation Act, following an earlier green light from the Northern Territory government.
The project, spanning roughly 1,200 miles from Australia's sun-drenched Northern Territory to the nation's maritime border with Indonesia, is one of the largest energy infrastructure endeavors ever to receive such approval in Australia.
Cameron Garnsworthy, SunCable Australia's Managing Director said the approval is the culmination of four years of rigorous assessment and public consultation with Australian stakeholders. The company views the decision as a vote of confidence in its ability to manage the project's environmental impact.
With regulatory hurdles clearing, SunCable is setting its sights on a final investment decision by 2027, projecting that construction and the first 35 years of operation could generate over 13 billion USD in economic value for the Northern Territory.
Job creation is another touted benefit, with SunCable estimating an average of 6,800 direct and indirect jobs annually during construction, peaking at 14,300. These figures are particularly significant for the sparsely populated Northern Territory.
Challenges remain, however, as SunCable must still negotiate land use agreements with Indigenous groups and secure approvals from Singapore and Indonesia for the undersea cable route. If successful, the project could mark a turning point in the region's energy landscape. SunCable aims to deliver up to 6 gigawatts of round-the-clock green electricity to industrial customers in Darwin and Singapore, potentially transforming Australia into a renewable energy export powerhouse.
The company is targeting the early 2030s for the start of electricity supply, a timeline that aligns with growing global pressure to transition away from fossil fuels. As nations seek to diversify their energy sources and reduce carbon emissions, projects like AAPowerLink could play a crucial role in reshaping the Asia-Pacific energy market.
For now, all eyes are on SunCable as it navigates the complex web of international agreements, financing, and technical challenges that stand between this latest approval and the first flow of solar-powered electrons to Singapore.