Page 21 - Sun Cable News Today

<b>pv magazine Australia’s</b> Natalie Filatoff reports on the benefits of planning vast solar project pipelines, and the barriers faced by those who dare to dream big.

Tech billionaire Mike Cannon-Brookes’ Grok Ventures has won the first mini-battle at Sun Cable, convincing the administrators to back its interim funding proposal over the one put forward by Andrew Forrest’s Squadron Energy.

The sale process run by the administrators of the company leading the $35 billion solar power export project to Singapore is expected to be wrapped up in three months.

With a price tag of $13 billion, the PowerLink solar megaproject was one of the most ambitious renewable projects in the world, now it is up for sale

Two billionaires dispute over sending power from Australia to Singapore over sub-sea cable escalates with claims of inexperienced management

Electrification of Fortescue mining operations move a step forward with a huge battery (fast-charge 30 minutes) being trialled to power a 240 ton payload vehicle.

The highly ambitious Sun Cable project is in doubt after the company has gone into voluntary administration. So what is it & why is it in trouble?

Power Up: Record financials pose hard questions about gas cap whinging

Andrew Forrest says he lost faith in Sun Cable’s management because, “They’re a little start-up that has lavish offices and are spending money like there’s no tomorrow.”

As FTI Consulting prepares to front Sun Cable creditors for the first time on Friday, the administrator’s been urgently trying to lock in near-term funding to keep the lights on while an auction plays out.