Macquarie Capital, Moelis and MA Financial Group have been appointed as joint financial advisers to the world’s largest solar farm, battery and undersea electricity cable project, the $30 billion plus Australia-Asia PowerLink Sun Cable project in the Northern Territory.
While many solar manufacturers are as yet undecided about which PV cell technology they will choose for their next high efficiency expansions, for Singapore-based REC, the future is HJT. pv magazine spoke to Cemil Seber, the managing director at REC Solar EMEA GmbH at the Intersolar Europe 2022 trade show, to dig deeper into these manufacturing plans.
After a decade of under-delivering on its potential, there are changes afoot in Southeast Asia’s renewable energy development, says Assaad W. Razzouk, the CEO of Singapore-based developer Gurin Energy. Razzouk points to success stories in the region and notes that political will and clear regulations for developers are needed.
Researchers in Singapore have developed a new technique in which polycrystalline silicon is pulverised into powder and pelletised into ingots. The process relies on spark plasma sintering to dope the silicon with germanium and phosphorus.
Singapore-based Sun Cable has submitted its Environmental Impact Statement to the Northern Territory Environment Protection Authority. The document reveals the full extent of the project’s enormity, specifically a 17-20 GW solar farm tied to 36-42 GWh of battery energy storage, which is set to be transmitted by subsea cables to Singapore.
Developers are moving fast to meet Singapore’s clean energy needs by establishing overseas solar-plus-storage plants, with a strong focus on facilities in neighbouring Indonesia.
Developers are moving fast to meet Singapore’s clean energy needs by establishing overseas solar-plus-storage plants, with a strong focus on facilities in neighbouring Indonesia.
A partnership between Quantum Power Asia and Berlin-based ib vogt is proposing a 3.5 GW solar and storage facility in Riau, Indonesia, an archipelago of islands south of Singapore. The AUD$6.7 billion potential project aims to export the generated solar to the Singaporean city-state by 2032, meeting 8% of its electricity needs.
The world’s largest solar PV and battery energy storage project has locked in renewed political support with the Northern Territory government confirming it will introduce special legislation into parliament this week that will facilitate the development of the giga-scale Australia-Asia PowerLink project.
Sun Cable’s ambitious plans to build the world’s largest solar PV and battery energy storage project in Australia’s remote far north are a step closer to fruition after two of the nation’s richest men provided their backing for a $210 million capital raise.
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