Sun Cable’s move into voluntary administration makes the fate of an ambitious Australia-to-Singapore solar project uncertain, but all is not lost yet, says the Energy Studies Institute’s David Broadstock.
with solar energy from Australia.carrying up to 3.2GW of electricity – under half of Singapore’s peak electricity demand today.News on Wednesday thatWhat makes PowerLink a particularly attractive proposition is that Australia has the resources to deploy large-scale solar, from which Asian countries would be able to import large quantities of green electricity. This is very attractive for Singapore where there is a lack of land for solar or other renewable energy generation.
This is a critical blow to Sun Cable’s business, but it is too early to say all options are fully exhausted. Already there is emerging discussion that Squadron Energy, one of Sun Cable’s two backers, may consider putting together a separate funding deal.
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