What's next?SunCable's project to develop "the world's largest renewable energy precinct" in the remote Northern Territory has received crucial environmental approvals, but a final investment decision on the $30 billion-plus project is not expected until 2027.near Elliott and transport electricity to Darwin via an 800-kilometre overhead transmission line, then on to Singapore through a subsea cable.
"It enables the project to progress with the different development activities that will take it to a final investment decision in 2027." "This project will deliver thousands of jobs for Territorians and harness one of our greatest assets — the abundance of sunshine." "This is an opportunity for the Northern Territory to be at the forefront of the global energy transition," Ms Street said.
Emissions from land clearing and construction are expected to total about 4.4 million tonnes of carbon dioxide-equivalent but would be carbon neutral after four years and "remain significantly carbon negative for the remainder of the operational life of 70 years", according to a NTEPA assessment.