Business
Australia fast-tracks plan to send solar power to Singapore – The Australian Financial Review
The ‘major project status’ recognises the ‘strategic significance’ and multibillion-dollar value of Sun Cable’s venture, says Energy Minister Angus Taylor.
Australia has granted “major project status” to an ambitious $22 billion plan to export power from a giant solar farm in the country’s north to south-east Asia via undersea cable.
The status recognises the “strategic significance” of the project, which is expected to inject billions of dollars into the economy and create thousands of jobs, Angus Taylor, minister for energy and emissions reduction, said in a statement on Wednesday.
The project is backed by Atlassian co-founder Mike Cannon-Brook…
-
Business21 hours agoIs Warren Buffett’s Berkshire Hathaway the smartest investment you can make today?
-
Noosa News8 hours agoCommissioner thanks police officer who threw a speed radar at a car
-
General22 hours agoTop chess player Magnus Carlsen forced into draw in historic game against over 134,000 people
-
General21 hours agoTaiwan’s President Lai Ching-te calls for peace and dialogue with China while also calling for defence boosts