Sun Cable eyes Tasmania for multi-billion dollar factory for sub-sea cables

Published by

The Mike Cannon-Brookes-backed Sun Cable has named Bell Bay in Tasmania as its preferred site to manufacture the thousands of kilometres of high voltage sub-sea cable that will be needed to connect the world’s biggest solar and battery project to Singapore.

Sun Cable, which hopes to build a 4,300 kms sub sea link to Singapore to export power from the Sun Cable solar project in the Northern Territory, says an Australian plant will help ease global supply chain pressures and help build an Australian-based renewable energy supply chain ecosystem.

All high voltage sub sea cables are currently made in the northern hemisphere.

The decision is significant as it underlines the potential for Australia to re-boot its manufacturing capabilities as it looks to become a renewable energy superpower – and building sub-sea cables, along with solar, battery storage and critical minerals development, is a key part of that.

Bell Bay has been chosen as the likely site for the multi-billion dollar plant because of its strong renewable energy infrastructure – the facility will need a renewable energy supply of up to 40MW – and access to ports and rail infrastructure.

“Australia has an abundance of sunshine and wind,” SunCable chief projects officer Chris Tyrrell said in a statement.

“HVDC cable enables the export of this natural resource to the world, establishing Australia as a renewable energy superpower as well as an advanced manufacturing hub for critical supply chains.”

Sun Cable is still very much focused on its renewable energy export plans, which in the case of the Singapore proposal – officially known as the Australia Asia PowerLink – could involve a solar farm of up to 20 GW near Elliott in the NT and up to 42 GWh of battery storage.

The company hopes to replicate the plan for other countries, although the Sun Cable project is also likely to roll out in stages, initially focused at a 900 MW supply into Darwin to supply green industrial projects.

Sun Cable said the idea to build a manufacturing plant in Tasmania is in its early stages and the company will soon begin consultation with local communities and other stakeholders, but it also fits in with Tasmania’s plan to use its renewable energy and industrial centres to attract new green industry.

Such a facility could attract more than 800 construction jobs and more than 400 advanced manufacturing jobs, and more than $1 billion in economic activity to Tasmania during construction, and up to $350 million per year at full operations.

Sun Cable says if it proceeds with the Bell Bay site, construction is scheduled to commence in 2025 and first manufactured cable in 2029.

“This is an extraordinary opportunity for the northern region and confirms that Tasmania has what the world wants,” said Tasmania Premier Jeremy Rockliff.

The deputy Premier, and local Member for Bass, Michael Ferguson, said the manufacturing facility would inject billions into the Tasmanian economy.

“This project would provide exciting careers for Tasmanian generations to come, particularly in the Tamar region,” he said.  “It is a huge vote of confidence in the Tasmanian economy, and our Government welcomes the role the private sector plays in Tasmania.”

 

Giles Parkinson

Giles Parkinson is founder and editor of Renew Economy, and of its sister sites One Step Off The Grid and the EV-focused The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

Share
Published by

Recent Posts

Solar swing state: From nearly too much grid demand to warnings of not enough in less than a day

In less than 24 hours Victoria went from having record demand to warnings of having…

18 December 2024

Zen inks deal with pumped hydro and hyrogen hopeful to help large energy users kick fossil habit

Zen Energy signs memorandum of understanding to develop a smart software based "24/7 Sustainable Energy…

18 December 2024

Renew Economy is changing our reader comments platform

From December 19, 2024, Renew Economy will be changing its article comment platform. And for…

18 December 2024

Solar farm and battery emerges from rhombus of regret with bank finance and a construction plan

Financial close has been reached for a long awaited solar and battery project pitched originally…

18 December 2024

UK-based Cubico closes deal with banks for 500MW wind project, its first in Australia

One of world's largest privately owned renewable energy developers reaches financial close on 500 MW…

18 December 2024

Market manipulation suspected as prices soar in “dunkelflaute” and fossil generators sit idle

German energy regulator says it will investigate market manipulation as power prices spike in middle…

18 December 2024