The Australia-ASEAN Power Link is a proposed project to be developed by Sun Cable, which will supply dispatchable renewable electricity to Darwin and the ASEAN region. The proposal includes the integration of a 10 gigawatt solar farm and 20 to 30 gigawatt hour battery storage facility near Tennant Creek, Northern Territory.
The project would supply dispatchable renewable energy to Darwin and Singapore via a 4,500 kilometre high-voltage direct current transmission network extending from the solar farm and storage facility to Singapore.
Integration of the project with the developing ASEAN power grid is being assessed in the development phase.
|Jul 2023||Expected Construction Commencement|
|Oct 2023||Expected Financial Close|
|Jul 2027||Expected Construction Completion|
|Equity Finance:||Grok Ventures and Squadron Energy|
|The capital raise was led by Grok Ventures and Squadron Energy, which are co-lead Investors in the project.|
|Jul 2019||The Northern Territory Government granted the project Major Project status, requiring Sun Cable to prepare an Environmental Impact Assessment (EIS).|
|Nov 2019||Sun Cable announced the completion of round of capital raising.|
|Jul 2020||The Federal Government granted the project Major Project status.|
|Dec 2020||A survey of 750 kilometres of the sea floor out to the Australian Maritime Border has been completed. The survey for the remainder of the 3800 kilometre route for the electricity interconnector was scheduled to commence in the first quarter of 2021.|
|Jan 2021||The Northern Territory Government and Sun Cable signed a Project Development Agreement. The agreement enables the finalisation of land tenure and commercial arrangements ahead of the project's financial close.|