[SINGAPORE] Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday. Total capital expenditure in renewables will rise above US$30 billion in the region by 2020, just overtaking investment into exploration and production for oil and natural gas, the consultancy said. India, […]

[SYDNEY] Australia granted “major project status” to an ambitious A$22 billion (S$21.73 billion) plan to export power from a giant solar farm in the country’s north to South-east Asia via undersea cable. The status recognises the “strategic significance” of the project, which is expected to inject billions of dollars into the economy and create thousands of […]

[SYDNEY] Australia granted “major project status” to an ambitious A$22 billion (S$21.73 billion) plan to export power from a giant solar farm in the country’s north to South-east Asia via undersea cable. The status recognises the “strategic significance” of the project, which is expected to inject billions of dollars into the economy and create thousands of […]

An Australian solar-plus-storage project that aims to supply 20% of Singapore’s electricity demand has been marked as a priority initiative by advisory group Infrastructure Australia.

Singapore is home to 5.6 million people and the City-State is well known for its wealth of tech startups and innovative projects. But, at present, 95% of Singapore’s electricity is generated from liquid natural gas which is imported mainly from Malaysia and Indonesia. Australia will soon become a world-leader in exporting renewable energy with plans to […]

The proposal was assigned major project status on 29 July. The planned solar farm in Northern Territory’s Barkley Region will be 12,000 hectares in size, making it the world’s largest. Electricity will be stored in a 30GWh battery, which will also be the biggest on earth.  

November 21 (Renewables Now) – Firms owned by two of Australia’s richest people have led an investment in the company behind a 10-GW solar-plus-storage project in Australia that includes a power export cable to Singapore. Grok Ventures, owned by billionaire Mike Cannon-Brookes and his wife Annie, and Squadron Energy, established by mining magnate Andrew Forrest, […]

In a video conference on Monday, Australian Prime Minister Scott Morrison and his Singaporean counterpart Lee Hsien Loong agreed to expand the two countries’ strong bilateral relationship in several areas of common interest, including military, digital trade, cyberspace security as well as low emissions technologies. The prime ministers committed to conclude a Memorandum of Understanding […]

Sept 27 (Reuters) – Australia’s Beach Energy (BPT.AX) said on Monday it has signed a deal to supply liquefied natural gas to BP Plc’s (BP.L) Singapore unit from its Waitsia Gas Project Stage 2.

MELBOURNE: Atlassian Corp co-founder Mike Cannon-Brookes has pledged to help fund an ambitious A$20 billion ($14 billion) project to supply solar power from northern Australia to Singapore by a subsea cable, an Australian newspaper reported on Wednesday. The plan unveiled earlier this year by Singapore firm Sun Cable is to build the world’s largest solar farm in Tennant Creek […]