A plan to build the world’s largest solar farm and battery in the Northern Territory and connect it to supply power to Singapore and Indonesia has been granted “major project status” by the federal government.
Energy and Emissions Minister Angus Taylor said the $22 billion project, known as the Australia-ASEAN Power Link and backed by Atlassian’s Mike Cannon-Brookes and Fortescue Metals founder Andrew Forrest, would help Australia maintain its position as a leading energy exporter.
“As technologies change, we can capitalise on our strengths in renewables to continue to lead the world in energy exports,” he said.
The project, if completed, would provide Singapore with up to 20 per cent of its power supply by 2027, and dispatch power to the Northern Territory and Indonesia, earning $2 billion per year.
“The battery will be 150 times the size of [the South Australian big battery at] Hornsdale, so it’s insanely large,” Mr Cannon-Brookes told the National Smart Energy Summit in Sydney in December.