Australian billionaire to support world’s largest solar farm for export and local use

Source:RenewEconomy

Billionaire, Mike Cannon-Brookes, and other Australian entrepreneurs have confirmed financial support of a $25 billion dollar plan to build a 3,000km undersea cable to export solar energy to Singapore and to supply Darwin. The power will come from a massive 10GW solar farm and a potential 20-30GWh storage facility at Tennant Creek, Northern Territory, Australia.

Beyond Zero Emissions (BZE) outlined the project last month which quickly attracted the attention of investment heavyweights including Cannon-Brookes. An earlier BZE report, “10 Gigawatt Vision for the Northern Territory” also recommended the production of renewable hydrogen (along with solar electricity) for export with the potential of creating many jobs and earning the Northern Territory $2 billion in renewables export revenue by 2030.

Read More:
- Cannon-Brookes confirms investment in world’s biggest solar project. RenewEconomy, September 25, 2019.
- The 10GW solar vision that could turn Northern Territory into economic powerhouse. RenewEconomy, June 20, 2019.