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Two of Australia’s richest people are expected to be rivals in the bidding process for Sun Cable, the developer of what could be the world’s biggest intercontinental solar and energy storage project. Administrators indicate that the sale process could be completed within three months.
Renewable energy startup Sun Cable will be able to keep the lights on after one of its billionaire investors agreed to extend interim funding to the troubled project...
Two of Australia’s richest people are expected to be rivals in the bidding process for Sun Cable, the developer of what would be the world’s biggest intercontinental solar and energy storage project, with administrators indicating the sale process could be completed within three months.
The collapse of Sun Cable, after its two billionaire backers couldn’t agree on its future, has ignited discussions about how Australia should export renewable energy.
<b>pv magazine Australia</b>’s <b>Natalie Filatoff</b> reports on the benefits of planning vast solar project pipelines, and the barriers faced by those who dare to dream big.