Ambitious $31.5 billion project will begin energy transmission after 2035.
SINGAPORE – Singapore has granted conditional approval to Sun Cable’s US$24 billion import of 1.75 gigawatt of solar power from Australia’s Northern Territory, which will begin after 2035, Second Minister for Trade and Industry Tan See Leng said on Oct 22.
He added that the Government will continue to greenlight credible clean electricity import projects, even if they take longer to materialise and extend beyond 2035. This development comes as Singapore raised its clean electricity import target to 6GW in September, which will account for around 30 per cent of electricity demand by 2035. Aside from the Sun Cable project, 5.6GW of import deals have been signed with Indonesia, Cambodia and Vietnam thus far.
During the first phase – in addition to the electricity exported to Singapore – the project will supply a total of 800 to 900 megawatts of solar power to industrial estates in Darwin. In 2021, Sun Cable received approval from the Indonesian authorities to conduct subsea surveys in their territorial waters, and to map the underwater cable route to Singapore.
“As we go forward, we will refine those timelines because we are still at planning and development stage,” Mr Patel added.Some US$170 million had already been invested in the project over the past three years, making “substantial progress” in achieving milestones for the project development, noted Mr Patel.
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