Significant Milestone Reached for Sun Cable

26 November 2019

Chief Minister Michael Gunner has welcomed news that two prominent private investment firms are backing Sun Cable’s vision for the Northern Territory.

Grok Ventures and Squadron Energy have taken positions as co-lead investors on this project.

The proposed Australia-Singapore Power Link is a $20 billion, 10 gigawatt solar farm and a 20-30 gigawatt hour storage facility near Tennant Creek. It will supply loads in the Darwin and Singapore markets via a high voltage direct current transmission.

This is the largest solar farm under development in the world.

Grok Ventures is the family investment firm of Mike and Annie Cannon-Brookes, with Squadron Energy under the leadership of Chairman Andrew ‘Twiggy’ Forrest.

This project has the potential to create 300 ongoing jobs and 1000 jobs during the construction phase.

Quotes attributed to Chief Minister Michael Gunner:

“The Northern Territory is fast becoming an energy super power - this is critical for growing the number of local permanent jobs for the Territory. The Sun Cable Project is an absolute game-changer for Territory jobs and the economy - this is how we break out of the boom bust cycle.

“Building the world’s largest solar farm in the Territory is changing the way the world sees the Territory as a place to invest. Taking advantage of having the best sun in the world takes a Labor Government who believes in renewable energy.

“Mike Cannon Brookes knows the Territory is a great place to invest and is already backing this project and the Territory’s future.  Andrew Forrest is one of Australia’s most important business leaders and he is backing Sun Cable’s vision for the Northern Territory.”




Source:  Northern Territory Government -

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