A significant energy transition is underway in the Indo-Pacific and the share of energy delivered by electricity is growing quickly. In Southeast Asia, energy demand is growing at an average of 6% per year and forecast to grow 60% by 2040. Demand for renewable electricity is accelerating due to its low cost.
Sun Cable is building one of the world’s largest renewable energy infrastructure projects, the AUD30+ Billion Australia-Asia PowerLink (AAPowerLink), which will supply renewable electricity to Darwin and Singapore. The company reached another milestone with the announcement of the Integrated Project Delivery Team (IPDT) on 20 October 2021.
The companies involved in the project - Bechtel, Hatch, Marsh, PwC Australia and SMEC (a member of the Surbana Jurong Group) provide a powerhouse of world-leading expertise in their fields and will drive the future of renewable energy in Australia and the Indo-Pacific.
The AAPowerLink will herald the start of a new renewable export industry
Sun Cable’s development of the AAPowerLink project will position Australia, Singapore and other Asian nations as regional renewable energy hubs and create significant economic and sustainable energy opportunities for decades.