SunCable

Company description

SunCable is an Australian-based renewable energy company with a focus on developing large-scale solar energy projects and exporting clean energy to neighboring countries. It specializes in the development and operation of large-scale solar farms. The company has gained recognition for its ambitious projects, which involve the construction of massive solar farms and the export of electricity to neighboring countries in the Asia-Pacific region. This involves the construction of long-distance transmission lines and, in some cases, undersea cables to transport electricity from its solar farms to energy-hungry markets in nearby countries.

Company details

City:
New South Wales
Address:
Level 31, 85 Castlereagh Street, Sydney NSW 2000, Australia

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • August 29, 2024

    SunCable receives Commonwealth Government environmental approval for Australia-Asia Power Link

    SunCable has received approval from the Commonwealth Government for the Australian component of the Australia-Asia Power Link (AAPowerLink) project. These environmental approvals are crucial for deve...

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  • September 08, 2023

    Grok Ventures takes full stake in Suncable Power link project

    Grok Ventures has completed the acquisition of SunCable. The plan involves the export of clean energy from Australia to Singapore using a 4,200-km undersea cable. In the initial phase, a vast solar f...

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  • June 29, 2022

    Sun Cable project secures approval from Infrastructure Australia

    Infrastructure Australia has endorsed Australia-Asia PowerLink (AAPowerLink) which would export solar energy from the Australian outback to Singapore via an undersea transmission link. The...

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  • March 16, 2022

    Sun Cable receives financing for World's largest Powerlink project

    Sun Cable has completed an AUD210 million (USD151.07 million) Series B capital raise to fund the development work of the Australia-Asia PowerLink (AAPowerLink) project.

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  • October 08, 2021

    Indonesian Government approved the world's largest Powerlink project

    Indonesian Government announced that it has recommended the AAPowerLink route through Indonesian waters, approved the subsea survey permit and welcomes Sun Cable’s investment in Indonesia.

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  • September 29, 2021

    Indonesia approves proposed Australia-ASEAN Power Link project

    Singapore-based renewables developer Sun Cable has secured approval and supports from the Indonesian government for its proposed Australia-Asia PowerLink (AAPowerLink) project. The Australia-Asi...

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  • April 20, 2021

    Sun Cable progresses manufacturing facility development for 14 GW Australia-ASEAN Power Link (AAPL) Project

    Sun Cable has lodged a development application with the Development Consent Authority for the first phase of a proposed solar array manufacturing assembly facility in Darwin, Australia. The applicati...

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  • February 03, 2021

    Sun Cable signs agreement to facilitate USD16.7 billion Power link project in Australia

    Sun Cable and the Northern Territory Government (NTG) signed a milestone agreement to facilitate the Australia-ASEAN Power Link (AAPL), that will see the Territory host one of the world’s larges...

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  • February 03, 2021

    Sun Cable, Northern Territory Government sign agreement for AAPL project

    Singapore's Sun Cable Pty and the Northern Territory Government (NTG) have signed a milestone agreement to facilitate the Australia-ASEAN Power Link (AAPL), which will see the Territory host one...

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  • December 09, 2019

    10 GW Australia-Singapore solar power link secures investment from Grok Ventures, Squadron Energy

    Grok Ventures, owned by billionaire Mike Cannon-Brookes and his wife Annie, and Squadron Energy, owned by mining magnate Andrew Forres, have each invested in the project company Sun Cable Pte Ltd...

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