The Australian Government is helping to fast-track a renewable energy infrastructure project which aims to power the Northern Territory and Southeast Asia – injecting billions of dollars into our economy and creating thousands of Australian jobs.
Major Project Status has been granted to Sun Cable’s proposed Australian-ASEAN Power Link (AAPL) – which would be one of the world’s largest dispatchable renewable electricity systems, supported by the world’s largest battery and solar farm in the Barkly region near Tennant Creek, Northern Territory.
The Honourable Minister for Industry, Science and Technology, Karen Andrews, said the project would create 1500 Australian jobs during construction, 350 ongoing jobs in Australia, as well as indirectly supporting around 12,000 Australian jobs. It will also see the production of a new solar farm manufacturing facility.
‘This project draws on Australia’s world-class solar technology and our high-tech manufacturing capability to export renewable energy on an unprecedented scale,’ Minister Andrews said.
‘Not only will this power link make Australia a world-leader, it will also create significant economic and employment opportunities here at home with about $8bn of the $22bn investment to be injected directly into Australia.
‘It’s a strong statement to all Australians that despite the immediate challenges of the COVID-19 pandemic we will come out the other side stronger and industry is still investing in opportunities that will drive our economic recovery and create much needed jobs.’
The Honourable Minister for Energy and Emissions Reduction, Angus Taylor, said projects like this will help maintain Australia's long-standing position as an energy exporting powerhouse.
‘Australia has long been a world leader in energy exports,’ Minister Taylor said.
‘As technologies change, we can capitalise on our strengths in renewables to continue to lead the world in energy exports.’
Sun Cable CEO David Griffin said, ‘Sun Cable is delighted that the AAPL has been granted Major Project Status. It is a significant milestone for the AAPL, which will see Australia become a world leader in renewable electricity trade, generating approximately $2bn worth of exports for Australia annually.'
For more information, see the Ministers’ joint media release.
image: Sun Corp