australia singapore power link

Grok Ventures has acquired all of the assets of SunCable, and reaffirmed its commitment the company’s original purpose.

Sun Cable, the company behind the Australia-Asia PowerLink (AAPowerLink) project, has entered into voluntary administration.

Sun Cable has turned to a trio of financial advisors as it looks to advance its multi-gigawatt solar-storage project to financial close by 2024.

Sun Cable has closed a AU$210 million (US$152 million) Series B raise with their existing shareholders to fund the development of its Australia-Asia PowerLink (AAPowerLink) subsea cable project.

A renewable energy project that could provide up to 20% of Singapore’s electricity needs has been fast tracked by the Australian government.

Two prominent Australian billionaires have thrown their financial clout behind an ambitious 10GW/20-30GWh solar-plus-storage project destined to supply power to Singapore via a submarine cable.