JAKARTA, Sept 23 (Reuters): Sun cable, an Australian-Singapore venture, will invest US$2.5 billion in Indonesia as part of an ambitious solar power project to provide Singapore with up to 15% of its energy requirements, officials have confirmed.
The Australia-Asia Power Link will from 2027 harness solar energy from the world's largest solar farm and battery storage facility in Australia's northern territory, and export it to the city-state via a 5,000 km (3,109 mile) transmission system through waters off Indonesia, according to Sun Cable.
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