Vietnam will need between US$8 billion to US$14bn each year till 2030 to bring its power network up to date, including developing new power plants and expanding its grid, a minister has said.
Australia and Singapore are working on one of the largest and most ambitious photovoltaic projects. An outstanding solar park is being built in the northern region of Australia, 800 kilometers south of Darwin, where the Earth is flat and the Sun’s rays are higher than in some other regions of the world.
THE Asean (Association of South East Asian Nations) power grid was first mooted in the late 1990s as a way for South-east Asian nations to cooperate in energy efficiency and conservation, as well as work on developing renewable energy sources.
CNA Explains: How an undersea cable project with Australia could transform Singapore’s renewable energy future
The company behind a megaproject to deliver up to 15 per cent of Singapore’s energy requirements via a 4,200km undersea cable from northern Australia aims to start construction in 2024.
Australia’s Sun Cable said on Friday (June 24) that a federal government agency has upgraded the investment status of its Australia-Asia Power Link, a milestone the firm says will help with financing one of the world’s largest and most ambitious renewable energy projects.