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Major milestone reached in NT renewable energy project

The Northern Territory Government and Sun Cable have signed a milestone agreement that will advance development of the $22 billion Australia-ASEAN Power Link (AAPL).

The project will see up to $8 billion invested into the Territory, which will host the largest solar farm and renewable energy system in the world.

The Project Development Agreement provides a roadmap for the partnership to finalise land tenure and commercial arrangements ahead of the project's financial close. The Barkly region has been chosen as the ideal location for a solar farm and battery storage facility, which will be built across 12,000 hectares.

For more information, see the NT Government Newsroom. The major project status announcement can be read on Minister Taylor’s page.

image: Sun Corp