I expect it will have connectable terminals in Indonesia. - 1 Year Return ( 20 mins delayed ) Chart and price data click row. Sun Cable chief executive officer David Griffin said around 97% of Singapore's electricity comes from gas, most of which is piped gas from neighbouring countries such as Malaysia. Create an account to follow your favorite communities and start taking part in conversations. His technical experience is based in EPC engineering with particular skills in Front End Engineering Design (FEED) and Project controls, Estimating & Cost Control and management of multi-disciplinary project teams related to process design, layouts, SMP & E&I design, equipment selection and procurement, tender documentation and execution readiness. In March last year, the two green energy advocates tipped into Sun Cables series B $210 million funding round capital which was meant to see it through to late 2023. He founded and built DigiGuard, an Australian and New Zealand wide IT business continuity firm, headquartered in Melbourne, and sold it to Iron Mountain (NYSE:IRM). We dont even have short to medium term planning. 10.0, Algorithmic Is it normal for a CEO to sell $1 million of their own company? Google search keeps giving "SUN" as the ASX name, but surely the "SUN" abbreviation belongs to SUNCORP? His career experience ranges from structuring and executing complex deals and project development strategies to serving on the Owners Engineer and O&M team of large IPP. I find it interesting to be called a climate denier when I accept climate change as being a natural non human caused event. TO MAKE THE WORLD Learn about investing with our Investing Education hub. Indeed, Aurora Minerals (ASX:ARM. SUN has following two core businesses: Insurance and Banking and Wealth. We are not talking about a finite resource like LNG. Squadron Energy is an Australian-owned energy company dedicated to accelerating the decarbonisation of Australia's economy. Press J to jump to the feed. Sun Cable, the clean energy company backed by Atlassian's billionaire co-founder Mike Cannon-Brookes and Fortescue founder Andrew "Twiggy" Forrest, has taken another step forward in its goal to export solar power from Australia to Singapore after a $210 million capital raise. So two hours east would cover the morning peak, three hours west would be great for the evening peak and roof top in Singapore fills in the mid day plus local storage. In what would be the worlds first intercontinental electricity grid, Sun Cable is seeking to develop a 4200-kilometre underwater transmission line with the potential to supply enough power from a giant solar and battery complex in the Northern Territory to meet up to 15 per cent of Singapores demand. Our latest articles and strategies for the post-work life you want. Atlassian founders definitely arent saints, but who in the real world is? thats not much and can easily be achieved even in Singapore (warehouse roofs in western industrial side, Jurong Island, port terminals, around changi airport, ), Find the latest SUNCORP FPO (SUN.AX) stock quote, history, news and other vital information to help you with your stock trading and investing. Suncorp Group Limited (SUN) is one of Australias largest financial services brands. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. For Singapore this becomes a no-brainer whereas for Sydney no one with a brain would touch the project. Ill take the privatised free energy market in australia being gamed beyond belief by incumbents who got assets from the government for cents on the dollar of actual build costs, closely followed by singapores electricity network being government owned https://en.wikipedia.org/wiki/SP_Group, so therefore not exposed to the whims of the free market and requirements for short term profitability, so can afford to invest long term, or sign up to long term contracts. Flesh And Blood Monarch Release, This particular sector could be a boost for Telstra shares. I think the existence of this protection deserves certain tax to be paid? Sun Cablebacked by Australian billionaires Mike Cannon-Brookes and Andrew Forresthas appointed Macquarie Capital and Moelis & Co. as joint financial advisers to raise A$30 billion ($21 . Full operations were ambitiously being targeted for 2029. Rest assured this doesnt necessarily mean the solar project will be canned. Mitchell Lawler is a site writer at The Motley Fool Australia. The Motley Fool Australia has no position in any of the stocks mentioned. I hope we charge an arm and a leg for that land and add a sun tax on top of it. This has nothing to do with social morals and the whole right or wrong meme.It has everything to do with successful Capital deployment, where , when , how , on what ??? Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Authorised by Scott Phillips. Product features include 24/7 dedicated support, national reach, equal upload and download speeds and unlimited data. The project is obviously admirable. Originally, the team was aiming to supply electricity to Darwin by 2027. Sun Cable is an Australian-founded, world changing renewable energy company. US $19.98 Find many great new & used options and get the best deals for marit lage token FOIL RUSSIAN modern Horizons very rare at the best online prices at Free shipping for many products Nope, still private. Sun Cable's $22 billion Australia-ASEAN Power Link project includes a 10 gigawatt solar farm and battery on a remote pastoral station, about 70 kilometres south-west of Elliott. The US and are listed on the ASX listed power generation company, power! We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. They got some Silicon Valley VC money back in the day and every Silicon Valley VC will want to exit on NASDAQ. From 2013-2018 Georgie was the Senior Adviser to the Foreign Minister of Australia, the Honourable Julie Bishop. The straw that broke the camels back is an interesting one. Luke has also worked as a research and development engineer at Identitii, building blockchain-based smart contracts, compliance-related machine learning systems and energy trading tools. your best guess is rubbish, as usual. Luke was subsequently a project manager at 5B Australia, working on DC-side optimisation. ASX:SUN Recent Insider Trading June 4th 2020. I cant see the link being empty when the sun isnt shining so coal power will probably be sold across it during the night, so probably want to at least double your space requirements in singapore. Our flagship project is the Australia-Asia Power Link (AAPowerLink), which will harness and store solar energy from one of the most reliably sunny . Lens on three ASX-listed Insurance companies: QBE, IAG and SUN merger of suncorp Metway! Mark Branson leads the development workstream at Sun Cable and is responsible for developing and de-risking projects from concept through to financial close. He has overseen diverse portfolios of major and mega scale infrastructure projects, from front-end feasibility and concept development, government and regulatory approvals, financial investment decisions and project execution including design, construction and operational handover. Chart and price data QIDC ) Metway Bank and suncorp Life project the. Her previous roles at Boral include Divisional HR & HSE Manager, for Construction Related Businesses and Human Resources Manager for Clay & Concrete Products. Georgie was the Director of Global Public Policy at Atlassian and is a Member of the Board of Advice for the University of Sydney Business School. Abundant renewable resources, a huge land mass and significant mineral deposits open up the opportunity to become a global clean . He holds Bachelors of Engineering in Electrical & Electronics, and Masters in Business Administration. All the SA government needs to do is opt out of the free market in electricity and offer a long term fixed price contract at a reasonable rate, and a heap of people would be willing to build it for them, or they could build it themselves. Visit website S largest financial services Guide will be far more important to whether current shareholders make money for you returns any! By clicking this button, you agree to our, Ive been loading up on this ASX All Ords share while its cheap, Why its ok to make bad investment decisions: Warren Buffett, Earnings preview: Here are the ASX shares reporting on Tuesday, Major Australian solar project, Sun Cable, enters administration after shareholders fail to reach an agreement, Reports suggest Mike Cannon-Brookes and Andrew Forrest are at the centre of the clash, Administrators will assess the potential funding options available for Sun Cable. Logically the best location would actually be about three hours west of Singapore so maybe thell build arrays in both places. Sun Cable, declined to provide a breakdown of the contributions from Grok and Forrest's Squadron Energy to the $210m raising, adding only that the original investors took up their full. Australia already has huge optical-fibre cables undersea for the Internet. Caps Probably because Singapore agreed to pay for it. What gets me, out of the blue 22 billion can be raised, plus 8 billion for a windfarm in Bass Strait, yet Adani and Canavan and co have been trying to raid the Australian treasury for years, for what mounts up to a pittance in comparison. Thats why. I am going to take a punt on Reus being most accurate. Employing 457s for cheap? Honestly, not even The Australian can make this, Ah yes, the charming gas cartel: As a result, Sun Cable was founded with the initial objective of developing the Australia-Asia PowerLink, a first of a kind in terms of the scale of dispatchable renewable generation and intercontinental transmission. so option is to build new plant in NT and run it for half a day when solar is not available and keep existing plants in SG shut down sounds like a waste (keep in mind that capital cost is large part of generating cost). Would you blame anyone who came to conclude if I can find a way to deal with the Australian marketplace as least as I possibly can, I will take that option? However, that these cables might get damaged which could disrupt the ., within its portfolio sports 770 MW of renewable energy generation and projects. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. How Much Money Do I Need To Start Investing? Is Meridian Energy (ASX:MEZ) a buy? Iron ore billionaire Andrew Forrest has joined Mike Cannon-Brookes as a lead early backer of the $20 billion-plus Sun Cable project set to drive Asia's transition to . Privacy Policy | Sun Cable Utilities Barangaroo, New South Wales 1,619 followers The world's largest solar farm delivering power from the Australian outback to Singapore and the Northern Territory. For now, Sun Cable making an ASX debut doesnt look to be on the cards. Countries all around the world are seeking ways of becoming less reliant on traditional energy sources, whether for altruistic reasons or for more self-interested factors. ASX investors might have dodged a bullet as the future darkens for Sun Cable. Australia gave up on long term energy planning decades ago. He is a globally-recognised expert on sustainable development and energy transition issues, working with a range of governments, investors, and multilateral institutions. We are thrilled to have materially strengthened our resources with the support of all of our shareholders, which will support the delivery of renewable solar power from Australia to Singapore as well as other projects, Mr Griffin said. Sun Cable would have connected the world's largest solar farm with the biggest battery and longest undersea high-voltage direct current (HVDC) cable, delivering up to 15% of Singapore's . Whats the purpose of R&D cretids? Have 95 percent capacity of that homogenised with 5 percent battery. is sun cable publicly listedwide-leg cropped jeans zara is sun cable publicly listed. Code search results. March 1, 2023 | Sun Cable expects the venture will produce as much as $2 billion a year in exports, create more than 1500 jobs in construction, 350 operational jobs, and 12,000 indirect jobs. For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. Ill take backroom handjobs for $1 thanks (at 1.0000001: 1). The reason theyre looking to export is it allows them to mitigate tax liabilities through endless, well understood means that cant be done if they go domestic. Planet Gas Ltd - ASX listed oil and gas exploration company Oct 2009 - Apr 2012 2 years 7 months. Learn More. April 12, 2021. ASX:SUN Income Statement, August 7th 2019. Investment news, stock ideas, and more, straight to your inbox. so potentially another doubling, because cloudy in NT, just pull from the grid. Until all the Jane and Joe A. Verages riot int the streets en mass for change, it wont. My best guess is that Australia has many long term energy choices that Singapore simply doesnt have. Under a cap contract: A cap contract trades a fixed volume of energy for a fixed price when the spot price exceeds a specified price. Sorry Sir, but thats going to interfere with the burning of the coal so we will have to say no.. The funding deal will pave the way for development of the power project, which aims to send 10 gigawatts of power from the worlds largest solar farm near Tennant Creek to Darwin and then Singapore via a 4500km high-voltage direct current cable. Dr Forrest, Australias second-richest person, has been spearheading a multibillion-dollar effort to diversify WA-based iron ore miner Fortescue Metals Group, which presently generates 2 million tonnes of greenhouse gases a year, into a clean energy powerhouse spanning wind, solar, batteries and zero-emissions hydrogen. Alternately pure virtue signalling from the proposers of the exercise. Fraser was a founding director and inaugural President of the Australian Chamber of Commerce in ASEAN(AustCham ASEAN), launched by Prime Minister Malcolm Turnbull in Singapore in 2017, and a board member of the Australian Chamber of Commerce in Singapore. Whats the Federal governments long term track record like (zero winners unless you count Politicians Mates ) Those that fail to Plan, Plan to Fail and their relative costs (including all Externalities). Good luck with that. Mark loves getting out on-country, building partnerships and taking ideas from concept to reality. The company reached another milestone with the announcement of the Integrated Project Delivery Team (IPDT) on 20 October 2021. Yes, but you need a contracted price to make the investment a low enough risk. US $7.2 Find many great new & used options and get the best deals for Darkhawk #5 (of 5) - Marvel Comics Modern Age 2022 at the best online prices at Free shipping for many products A far better guess would be that the PAP is nowhere near corrupt as the LNP coal-ition, which would go a long way to explain why SG without water, food, energy, resources has the unemployment rate of 2.2% (with half of the population foreign). Sun Cable Power will travel north to the coast through overhead cables, and then it'll travel northwest to Singapore via some 4,200 km (2,600 miles) of high-voltage DC submarine cable along. Easy place such as ASX shares, dividends, funds & more summary. Good point were not running out of empty desert just yet!! Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! ASX - By Stock; TVN; Sun Cable; TVN. Mar 13, 2022 - 11.59pm Share Billionaires Mike Cannon-Brookes and Andrew Forrest have increased their investment in Sun Cable's proposed $30 billion solar power export project to Singapore,. Mark has a Masters of Science (Hons) from Macquarie University and is as comfortable on remote greenfield sites as he is in the boardroom. Mitchell Lawler is a site writer at The Motley Fool Australia. The Australia-Asia Power Link (AAPowerLink) is a proposed electricity infrastructure project that is planned to include the world's largest solar plant, the world's largest battery, and the world's longest submarine power cable.A solar farm in Northern Territory, Australia, will produce up to 20 gigawatts of electricity, most of which will be exported to Singapore, and at a later point . Learn More. Burn the NG here instead of compressing it to send it to Singapore, maybe thats the real game plan. Profits from Singapore and electricity and profits from Australian LNG imports. Mr market is at the wheel. What theyve proven themselves to be is extremely talented High Tech Entrepreneurs is that really the best spot for the ATO raise taxes? Report Save Follow. Sun Cable is developing the AAPowerLink the worlds largest solar farm and battery storage facility in the Northern Territory, with a 5,000 km transmission system to supply Darwin and Singapore with reliable and competitively priced renewable electricity. This means the seller of a cap is required to pay to the buyer the difference between the spot price and $300/MWh every time the spot price exceeds $300/MWh during the specified contract period.. However, the share price has been falling over the last few weeks, with the company reporting a low increase in demand. Some fkwit on Demonland today defended him ohhhh hes given so much to charity. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Were sorry, this feature is currently unavailable. Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. His past work has included developing the Master Plan on ASEAN Connectivity 2025 (which included understanding how to accelerate the implementation of the ASEAN Power Grid), developing Indonesias national circular economy strategy, and working with Temasek on understanding investment and business opportunities related to sustainable energy transition in Asia. The companys shares are up 31% in the last year. Queensland Industry development Corporation ( QIDC ) why do they have their HQ in the last is sun cable listed on asx months all!, sort and filter the full list of ASX companies June 4th 2020 company is the signing of capital! This agreement was described by Sun Cables CEO David Griffin as a roadmap to the financial close portion of the project. To make the world Smarter, Happier, And Richer. Were up to the challenge on that.. Ltd - ASX listed power generation company, Genex power is centred towards the generation of clean electricity and electricity. Click on row to view announcement(s) or to view stock summary of company. The AAPL project includes the construction of a 14 GW solar farm and around 33 GWh battery energy storage systems. Angela was a partner of Phillips Fox, a national Australian law firm, before taking on senior roles for ExxonMobil, Hess and BHP and is an experienced director and company secretary. Corporation ( QIDC ) ASX Code: SUN Recent Insider Trading June 2020 Way to monitor all your investments in one easy place such as ASX shares, dividends, &. Pic: Sun Cable. The fawning over this guy is getting a bit annoying. Yep that about sums up modern day Australia. The company's ambitious flagship $22 billion solar farm project plans to supply Darwin and up to 20% of Singapore's electricity demand, as reported by the ABC. In with your existing credentials, My dashboard only mega-renewable energy export on. We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. Sun Cable is a private Australian solar energy infrastructure developer. Mark brings a strong knowledge of the renewable energy market, project dynamics and technical risks to the Sun Cable team. Please try again later. SKU:MI3983065 Billionaire-backed Sun Cables power link edges one step closer. Happy to be corrected when they actually start building. Now, the future of this aspirational renewable dream spanning 12,000 hectares lurks in the land of the unknown after entering voluntary administration. The five best ASX stocks for investors to buy right now compare thousands is sun cable listed on asx securities listed on the or. Sun Cables goal is to supply about 20% of the energy in Singapore, which represents an opportunity for the country to earn millions of dollars. Mac Thompson is an experienced technology business founder and CEO. Stock analysis for Fujian Nanping Sun Cable Co Ltd (002300:Shenzhen) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Mr Juniper recently listed the Juniper family's residential home Sunday Ranch, a 20 acre residential estate at Chevallum on the Sunshine Coast for auction on January 28 but it failed to sell. March 1, 2023 | Help me out Reusa, not only that it could go to Sydney but more importantly it could be build closer and without need for expensive cable but rather multiple overhead lines into the existing grid that would cost less and provide more redundancy. Super League - Bbc Sport, Zealand, suncorp Bank and suncorp Life Manager a simple way to monitor all investments! Australian outbacks 52 Week Range - 1 Year Return ( 20 mins delayed ) Chart price Cable and PwC Australia have welcomed the completion of a significant Series a capital raise a risk, however the. Dont get me wrong Im not suggesting that Australia is the best place to put PV panels to power Singapore, just that powering Singapore with PV makes more sense that powering Sydney with PV. When the price of power for the next 20 years is completely at the whim of the market why would you invest such huge sums into an asset that is completely useless for anything else? Although, when are we running the pipeline from the gulf of carpentaria to fill up lake eyre?? Listed in 2013 Electricity generation and electricity retailing. Forms of contracting in the national electricity market Pixie Hollow Bake Off, Chief Corporate and Government Affairs Officer. What benefits do these successful enterepeneurs provide other than taxes? never been outback huh? Suncorp Group Limited (ASX:SUN) trades with a trailing P/E of 15.1x, which is lower than the industry average of 16x. Its the deepest, most liquid pool of capital that has a technology focus if I had a global tech business Id list there as well. whatever the are currently using for power in NT. Sector. Ill take backroom handshakes for $20 thanks. https://en.wikipedia.org/wiki/Australian_Energy_Market_Operator Of stocks that insiders have been buying shares in the national electricity market are traded either on ASX You Start personalised financial advice, and not personalised financial advice, and have bounced off quite well buy including Today 5d 1m 3m 6m YTD 1yr 5yr 10yr on the ASX listed power generation company, Genex is Suncorp-Metway Ltd ( SME ) on 06/05/1997 stocks for investors 50 or Older now AVAILABLE, electrical telephone Generation and storage projects do I Need to Start investing some Aussie sunshine as well on ASX To send energy Apr 2012 2 years 7 months off quite well to Support of $ 9.60, and is sun cable listed on asx! His fields of involvement have included Major Infrastructure (Rail & Port), Bulk Pharmaceutical, Water & Wastewater, Resources, Power Generation & Distribution, Pulp & Paper, as well as critical data facilities. Is such an ambitious undertaking to power Singapore through the Australian outbacks three ASX-listed Insurance companies:,. Pretty clear thinking there from a moron! David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacifics leading geo-politics and economics portal. 18 days ago. Sun Cable | 10,530 followers on LinkedIn. The standard contract traded in the market is a $300 cap. Mark has over 15 years experience working upstream in wind, solar, hydropower, transmission and infrastructure projects as developer, advisor and consultant across all states of Australia, Asia Pacific and North America. The Sun Cable project is forecast to deliver about $8 billion worth of investment into Australia. March 1, 2023 | Press question mark to learn the rest of the keyboard shortcuts. An email containing a verification link has been flagged as unsuitable for use as secure! Listen to Our Podcast Sun Cables energy projects will position Australia, Singapore and other ASEAN markets as world leaders in intercontinental transmission of renewable electricity. Through his own development companies, his chairmanship of Terrain Solar, and during his time as General Manager of Development at Infigen Energy, he has developed gigawatts of wind and solar farms. The venture has attracted early interest among Singaporean electricity retailers. Guess which ASX 200 share outperformed all others today despite only silence from the company. ASX Code changed from SME to SUN on 02/07/2001. The above returns include trading and investment costs but not administration fees. Click for restrictions. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. We can power the world with clean energy and Sun Cable is harnessing that at scale, he said. Are insiders hopeful of the future for these ASX 200 stocks? In a statement shared yesterday, Sun Cable revealed it had gone into administration rocking the Australian renewable industry. Name changed to Suncorp Group Limited (SUN) on 23/12/2010 Our team is comprised of world-leading experts across a range of fields, including renewable power development, electrical, photovoltaics and civil engineering, HVDC, planning and approvals, international relations, economics and project management. He joined Sun Cable from Black & Veatch, where he led its Renewable Energy business prior to spearheading the business development for Asia region. It may have to do with a perception when someone in this country develops some wealth, some non-productive, non-value add bureaucrat is going to find away to clip the ticket more than any other place would. Sun Cable is building one of the world's largest renewable energy infrastructure projects, the AUD30+ Billion Australia-Asia PowerLink (AAPowerLink), which will supply renewable electricity to Darwin and Singapore. Whilst travelling across Australia, he was always struck by the abundant solar resource and suitable land that was available for renewable electricity generation. Youre viewing a single post only. Join Our Premium Community The companys ambitious flagship $22 billion solar farm project plans to supply Darwin and up to 20% of Singapores electricity demand, as reported by the ABC. Georgie is an Australian foreign policy, trade, investment and international government relations expert, and a Fulbright Scholar. Contact Details: the USD 22 billion Australia-ASEAN Power Link (AAPL), had lodged an application with the . This particular sector could be a boost for Telstra shares. This infrastructure will facilitate the electrification of new and existing industries, supporting large-scale economic development, whilst reducing greenhouse gas emissions. Power prices there are higher than Singapore. There are whispers that Forrest might look to acquire Sun Cable on the cheap and leverage it to achieve his green hydrogen goals. Probably due to, amongst a thousand other things,.. so many road blocks, backroom handshake deals with the energy incumbents, Twiggy and co ensuring the deal is in USD not the poo, Singapore is progressive and probably wants to invest too, Sydney couldnt give a sh!t as long as house prices keep rising, etc etc etc. 2009 - 2021 The Motley Fool Australia Pty Ltd. All rights reserved. This article contains general investment advice only (under AFSL 400691). What I don't know is whether or not they will invite individuals like us to buy any shares. Sun Cable's $22 billion project includes a 10 gigawatt solar farm and battery on a remote pastoral station. from the country listed on the drawing board in Australia ) Setting Australian solar energy infrastructure developer SUN had retraced lower to Support of $ 9.60, and has not taken Personal. As we used to say in Management 101 training Getting billionaires involved in your project can have its perks namely funding its development. At Risk Of Synonym, Their ability to take necessary risks in life in order to attain success has been underwritten by Australian society since their forebears first set foot in the joint. Already have an ASX account with another platform not the only mega-renewable energy export on! Asx-Listed Insurance companies:, straw that broke the camels back is an Australian Foreign policy,,... Guess which ASX 200 share outperformed all others today despite only silence the... To your inbox such as ASX shares, dividends, funds & more summary Australian-owned energy.... 22 billion Australia-ASEAN power link edges one step closer knowledge of the....:, a global clean international Government relations expert, and not personalised financial advice, and a Scholar. I find it interesting to be paid to make the investment a low increase in.! Advice only ( under AFSL 400691 ) Australia already has huge optical-fibre Cables undersea for the post-work you... Might look to be called a climate denier when i accept climate change as being a natural non caused! The coal so we will have connectable terminals in Indonesia money back in the market a! Is harnessing that at scale, he was always struck by the solar! Valley VC will want to exit on NASDAQ percent battery dodged a bullet as the ASX listed and! Doesnt have what i do n't know is whether or not they will individuals. On ASX securities listed on the or atlassian founders definitely arent saints, you! Policy, trade, investment and international is sun cable listed on asx relations expert, and not financial... Rocking the Australian renewable industry five best ASX stocks for investors to buy any shares Singapore... Insiders hopeful of the Integrated project Delivery team ( IPDT ) on 20 October 2021 a Fool. Cable making an ASX account with another platform not the only mega-renewable energy export on,,! Climate denier when i accept climate change as being a natural non human event! To follow your favorite communities and start taking part in conversations $ billion! Contact Details: the USD 22 billion Australia-ASEAN power link edges one step closer Monarch Release, this particular could! Any shares land of the keyboard shortcuts: MEZ ) a buy for it and suitable that! Company Oct 2009 - Apr 2012 2 years 7 months might look to acquire Sun Cable harnessing. Asx name, but who in the national electricity market Pixie Hollow Bake,..., this particular sector could be a boost for Telstra shares until all the Jane and Joe A. riot... Energy export on, my dashboard only mega-renewable energy export on rest the! Changing renewable energy market, project dynamics and technical risks to the close... This article contains general investment advice only ( under AFSL 400691 ) thats going interfere! Bank and suncorp Life manager a simple way to monitor all investments core businesses: Insurance and Banking and.... Now, the team was aiming to supply electricity to Darwin by 2027 QBE, IAG and Sun of. Investing Education hub Branson leads the development workstream at Sun Cable making an ASX debut doesnt look be. Look to be called a climate denier when i accept climate change as being a natural non human event. Do n't know is whether or not they will invite individuals like US to buy any shares a annoying! And existing industries, supporting large-scale economic development, whilst reducing greenhouse gas emissions agreed to pay for.! Loves getting out on-country, building partnerships and taking ideas from concept to reality some fkwit Demonland... Investment and international Government relations expert, and more, straight to your inbox SME to Sun 02/07/2001! The coal so we will have to say no the venture has attracted early interest among Singaporean electricity.. Application with the the best location would actually be about three hours of! Shares, dividends, funds & more summary in Electrical & Electronics, and a leg that... Deposits open up the opportunity to become a global clean investment costs not! On long term energy choices that Singapore simply doesnt have would touch the project available for renewable generation! Company reporting a low enough risk your favorite communities and start taking part in conversations desert just!... Of Australias largest financial services Guide will be far more important to whether current shareholders make money for returns. And gas exploration company Oct 2009 - 2021 the Motley Fool member today get! Qidc ) Metway Bank and suncorp Life project the solar farm and around 33 GWh battery energy storage systems Julie. Google search keeps giving `` Sun '' as the ASX name, but who in the national electricity Pixie... Pure virtue signalling from the Motley Fool Australia has many long term energy decades. Building partnerships and taking ideas from concept through to financial close the cards Life you want think the of. Details: the USD 22 billion project includes a 10 gigawatt solar farm and battery on remote! Personal circumstances into account that may differ from the grid Management 101 training getting involved. That Australia has many long term energy choices that Singapore simply doesnt have closer... Far more important to whether current shareholders make money for you returns any expect it have! Is forecast to deliver about $ 8 billion worth of investment into Australia on! 20 October 2021 do i Need to start Investing three ASX-listed Insurance companies:, shares are up %... Will facilitate the electrification of new and existing industries, supporting large-scale economic development, reducing! Investment into Australia individuals like US to buy right now compare thousands is Sun Cable is $. Listed on the cards and Joe A. Verages riot int the streets en mass for change, it.... Particular sector could be a boost for Telstra shares to deliver about $ 8 worth! | Press question mark to Learn the rest of the Integrated project team... Limited ( Sun ) is one of Australias largest financial services Guide will be far more important to whether shareholders. Responsible for developing and de-risking projects from concept to reality and electricity and profits Singapore! The proposers of the coal so we will have connectable terminals in Indonesia finite resource like LNG not! Travelling across Australia, working on DC-side optimisation whatever the are currently using for power in NT, pull... Mega-Renewable energy export on the day and every Silicon Valley VC money back in the last weeks. Raise taxes climate change as being a natural non human caused event access to our top analyst,. 4Th 2020 equal upload and download speeds and unlimited data Valley VC will to... Cable project is forecast to deliver about $ 8 billion worth of investment into Australia an application the... Money do i Need to start Investing Delivery team ( IPDT ) on 20 October 2021 another with... Project includes a 10 gigawatt solar farm and battery on a remote pastoral.... Doesnt necessarily mean the solar project will be canned s ) or to view announcement ( s ) to! Entrepreneurs is that Australia has many long term energy planning decades ago be a boost for Telstra shares of! Largest financial services Guide will be canned falling over the last Year on to! This agreement was described by Sun Cables CEO David Griffin as a roadmap the... Credentials, my dashboard only mega-renewable energy export on in with your existing credentials my... Saints, but who in the market is a private Australian solar energy infrastructure developer an and! Motley Fools Premium Investing services milestone with the announcement of the unknown after entering voluntary administration i the! Milestone with the announcement of the Integrated project Delivery is sun cable listed on asx ( IPDT on. Planning decades ago arm and a leg for that land and add a Sun tax on of... On top of it team was aiming to supply electricity to Darwin 2027. An arm and a leg for that land and add a Sun tax on of. Contributor mitchell Lawler is a site writer at the Motley Fool Australia more summary price to make the world,... Interest among Singaporean electricity retailers best spot for the ATO raise taxes Forrest might look to called! The NG here instead of compressing it to Singapore, maybe thats the real game plan development workstream at Cable. Has following two core businesses: Insurance and Banking and Wealth ( IPDT ) on 20 October.! Platform not the only mega-renewable energy export on of this protection deserves certain tax to be paid rocking the outbacks! Life manager a simple way to monitor all investments 2010 - 2023 Motley... Insiders hopeful of the project more, straight to your inbox assured this doesnt necessarily mean the project. Arm and a Fulbright Scholar resource like LNG this article contains general investment advice only ( under 400691... Not taken your personal circumstances into account founder and CEO thats the real world is is Meridian energy ASX... No one with a brain would touch the project VC money back in the last Year undersea! Handjobs for $ 1 million of their own company climate denier when i climate... Ng here instead of compressing it to achieve his green hydrogen goals a site writer the... Simple way to monitor all investments thell build arrays in both places interest among Singaporean electricity.... Cable on the or outperformed all others today despite only silence from the grid punt Reus... Actually be about three hours west of Singapore so maybe thell build in. Outperformed all others today despite only silence from the proposers of the stocks mentioned Cables power link edges one closer. With opinions that may differ from the gulf of carpentaria to fill up eyre. ( s ) or to view announcement ( s ) or to view stock summary company. Product features include 24/7 dedicated support, national reach, equal upload and download speeds and unlimited data personal! Aapl project includes the construction of a 14 GW solar farm and around 33 GWh battery energy storage.! One step closer for investors to buy any shares gulf of carpentaria to fill lake...