Mike Cannon-Brookes

SunCable has completed its sale to Grok Ventures and has announced new project elements, including a subsea cable manufacturing and testing facility, while reiterating its plans to supply energy to Singapore via undersea cables.

Sun Cable, the developer of the world’s largest solar and battery project, has entered voluntary administration. It is still unclear what this will mean for its hallmark project, the Australia-Asia PowerLink.

While near neighbors, the electricity generation of the countries of Southeast Asia couldn’t be further apart. Indonesia burns locally mined coal; Malaysia has reserves of oil and gas; and populous Singapore, Vietnam, and the Philippines depend on fossil fuel imports. They could all benefit from increased solar electricity but higher grid capacities and interconnection are key for an opportunity to unlock the power of the sun.

Every crisis is a crossroads, and Australia is certainly at a crossroads. This week, a host of climate, development and investment leaders are backing Beyond Zero Emissions’ green Million Jobs Plan for Covid-19 economic recovery.

The state government has partnered with the German energy storage company to offer 188 families locally assembled sonnenBatteries as they rebuild their homes.

Mike Cannon-Brookes, co-founder of software company Atlassian Corp, announced on the sidelines of the UN Climate Action Summit in New York he will help fund the ambitious 10 GW, AU$20 billion, Sun Cable Project in Australia’s Northern Territory.