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 consortium led by Sunseap Group has signed a memorandum of understanding to develop 7GWp of PV projects at an Indonesian archipelago that will transmit energy to Singapore via a proposed subsea cable.
A project that bids to combine up to 20GW of solar PV with the world’s largest energy storage battery and a 4,200km-long subsea power cable has moved a step forward after Indonesian authorities greenlit its proposed transmission cable route.
