The project to build Australia’s largest solar farm has been approved after collapsing last year due to a rift between billionaires Mike Cannon-Brookes and Andrew Forrest.
Billionaire Mike Cannon-Brookes’ moonshot plan to build the biggest solar farm in Australia and export clean energy to Singapore is moving ahead after the Albanese government gave the project environmental approval.
The project is the most ambitious example of the vision renewable evangelists spruik for Australia, arguing the nation could become an energy superpower by exporting clean electricity and products to the world. The project looked as though it might collapse last year after the relationship between its former co-owners, Cannon-Brookes and mining magnate Andrew Forrest, collapsed. The business went into administration, with Cannon-Brookes winning control via his investment vehicle, Grok Ventures, which is now a lead investor.The first phase of the SunCable project would supply 900 megawatts of electricity to Darwin, which could help develop the city’s industrial base which is already receiving $1.
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