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|Indonesia has agreed to allow Sun Cable's Australia-Asia PowerLink or AAPowerLink route through Indonesian waters (Photo: Sun Cable)|
Jakarta - Indonesian authorities announced on September 23 that the country had approved a giant solar power link between Australia and Singapore after a 2.5 billion USD investment commitment.
Specifically, the country has agreed to allow Sun Cable's Australia-Asia PowerLink or AAPowerLink route through Indonesian waters and approved the undersea survey permit.
Addressing a virtual press conference in Jakarta, Indonesian Coordinating Minister of Maritime and Investment Luhut Binsar Panjaitan said this project is expected to have a sustainable impact on the country’s economy through various procurement programmes that will benefit the industry and the government's revenue.
AAPowerlink will generate solar electricity from one of the world's biggest solar farm projects and transmit it from Darwin to Singapore starting in 2028.
The project is expected to supply up to 15 percent of Singapore's electricity needs and reduce the country's emissions by around 6 million tonnes annually.
The company will not be supplying renewable energy directly to Indonesia but promised around 1 billion USD in direct investments on procurement of equipment and services and an additional 1.5 billion USD in operational spending over the life of the project.