Page 38 - Sun Cable News Today

Building a grid of cross-border links to carry solar power could provide an invaluable tool to tackle climate change.

The investment bank has a mandate to advise Australia/Asia power group Sun Cable on funding options for its $30 billion-odd project.

In what will clear a big hurdle, Sun Cable is expected to name the banks that will be tasked with delivering the remaining capital needed for financial close.

Indonesia, with a huge population and a far-flung archipelago of 17,000 islands across the southern flank of Southeast Asia, is strategically crucial in the intensifying offensive by the Biden administration against Beijing.

The PM was explicit about his desire to improve trade with Indonesia, though no one wants to say out loud why there’s such an emphasis on diversification.

The pioneering venture could in future supply Indonesia with renewable power, building on links from its $30 billion-plus Australia-Asia PowerLink project.

WATCH LIVE: Anthony Albanese is holding a press conference; Mark Dreyfus said federal ICAC will be able to probe pork-barrelling. Follow updates here.

Indonesia’s leader says tensions between Western allies and China in the Indo-Pacific region must be well managed to avoid the risk of open conflict.

During a visit to Indonesia, Australian prime minister says he’s focused on supporting Indonesian president, not the ‘abhorrent’ Vladimir Putin

Ahead of travelling to Makassar on Tuesday, Anthony Albanese tells Jakarta business leaders Australia will partner with Indonesia to drive clean energy transition