Business
Bright day for Sun Cable after inking giant solar farm development deal
Sun Cable is a private Australian solar energy infrastructure developer. The company’s ambitious flagship $22 billion solar farm project plans to supply Darwin and up to 20% of Singapore’s electricity demand, as reported by the ABC.
The Australia-ASEAN Power Link (AAPL) project is slated to be one of the world’s largest solar farms in the world.
Signed deal with the Northern Territory
The latest news for the company is the signing of a development agreement with the Northern Territory Government. This agreement was described by Sun Cable’s CEO David Griffin as a roadmap to the “financial close” portion of the project.
The AAPL project is still 3 years away from its deadline for financial close before the commencement of…
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