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 farm located in Australia's Northern Territory will provide a minimum of 900 MW of electricity to local industries in the Darwin area and export 1.7 GW to Singapore. The project's future goal is to increase this capacity by an additional 3 GW to serve Australian customers. The estimated cost for this initiative at its early stage is approximately AUD30 billion (US$19 billion). SunCable has undergone a restructuring, resulting in two distinct project streams: SunCable Australia and SunCable International.
Country updates
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September 07, 2023
Tender issued for 600 MW/2.4 GWh of energy storage project in Australia
The Australian Energy Market Operator (AEMO) issued a tender as part of the new national Capacity Investment Scheme (CIS) for 600 MW/2.4 GWh of energy storage in Victoria and South Australia...
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August 28, 2023
Feasibility study completed for green hydrogen energy hub in Australia
BP has announced the completion of its concept development phase study for the H2Kwinana green hydrogen project in Australia.
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August 24, 2023
Atmos Renewables buys 112.5 MW solar project in Victoria
Atmos Renewables has expanded its renewables portfolio by acquiring the 112.5 MW Karadoc Solar Farm project in northwest Victoria, Australia. The solar park was purchased from BayWa r.e. The acquisit...
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August 24, 2023
250 MW/250 MWh energy storage project commissioned in Australia
AGL has announced the opening of its 250 MW/250 MWh 1-hour-duration battery system in Torrens Island Power Station in South Australia.
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August 23, 2023
PPA signed for 1.3 GW Wind project in Australia
Snowy Hydro has signed a renewable Power Purchase Agreement (PPA) with TagEnergy.
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