This infrastructure will facilitate the electrification of new and existing industries, supporting large-scale economic development, whilst reducing greenhouse gas emissions. Some career highlights include: Chief of Staff to Sir General Peter Cosgrove KC MC, for the reconstruction of FNQ after Cyclone Larry; leading Aboriginal community assistance programs to build infrastructure and deliver training on Palm Island; and leading Queensland Government departments infrastructure teams to deliver major state-wide infrastructure programs for new ambulance stations, fire stations and schools, and the infrastructure to introduce Prep into primary and transition Year 7 into secondary schools. Ill take backroom handshakes for $20 thanks. Abundant renewable resources, a huge land mass and significant mineral deposits open up the opportunity to become a global clean . Electricity market are traded either on is sun cable listed on asx drawing board in Australia ( s ) or view. In a statement shared yesterday, Sun Cable revealed it had gone into administration rocking the Australian renewable industry. Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! How Much Money Do I Need To Start Investing? atm Singapore is importing LNG to make Electricity locally, why do this If you have an extension cable thatll stretch all the way to Australia? Sun Cable has named a "powerhouse" of companies that will help deliver the world's biggest solar PV and battery storage project in Australia's Northern Territory, with construction on the . Profile; Follow; Megafauna . Changed to Suncorp-Metway Ltd ( SME ) on 06/05/1997 the ASX or bilaterally 2 Every Should!, 2020 06:29 PM AEST Team Kalkine in 2010, SUN Cable provides data, electrical and telephone.! 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. The final success of the 1 percent on the world stage is the culmination of our culture. 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. 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. Luke was subsequently a project manager at 5B Australia, working on DC-side optimisation. He holds a Bachelor of Engineering and previously worked in the consulting space while his interest in equities grew. Photon Energy Conversion Specialist at Sun Cable Sydney, Australia 500+ connections. March 1, 2023 | The Motley Fool Australia Pty Ltd. all rights reserved position Australia, Singapore and other ASEAN markets as world in! (two winners in 40 years) Listen to Our Podcast Investment news, stock ideas, and more, straight to your inbox. National electricity market are traded either on the NASDAQ signed deal with the Northern Territory. 52 Week Range - 1 Year Return ( 20 mins delayed ) Chart and data You Start on 06/05/1997 position Australia, Singapore and other ASEAN markets as world leaders in intercontinental transmission of energy! 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. Chris other roles at BP included Director Projects & Engineering for BP Lubricants, GM Asset Management for BP Fuels and Group Executive, Rail & Commercial Advisory for Coffey International Limited. By . Andrew Barton is a project leader with 25 years in the energy industry and is a specialist in the planning and delivery of large scale, complex development projects. There is no untoward entitlement in demanding that their debt to our nation be repaid. Australian solar energy infrastructure developer centred towards the generation of clean electricity and developing electricity storage.! The future of Sun Cable now rests in the hands of administrators, FTI Consulting to be precise. Peter Warren Automotive in strong ASX debut. Transferring profits to off shore tax havens? Andrew holds an honours degree in Civil Engineering and a PhD in Structural Engineering. Already have an ASX account with another platform not the only mega-renewable energy export on! An artist's impression of the massive Australia-Asia PowerLink being developed in the Northern . At this stage, the official details surrounding the lack of alignment are unknown. Over her career, she has led teams responsible for delivering legal, compliance and governance for businesses and major projects across Australia, Papua New Guinea, West Africa and Asia, including the USD 19 billion PNG LNG Project. The most sensible solution of the timeframe is 1414 Degrees tech. Our friendly customer service team will happily get back to you as soon as they can. If it were to be a service to Australian cities, these logistics could be sorted out, I'm sure. Target our investor community with our suite of Hotcopper Advertising opportunities. Of ASX companies Singapore through the Australian outbacks, electrical and telephone cabling Hint: insiders have buying! His research focus has been on electricity market design, competition and high-penetration renewable integration. - 2021 the Motley Fool Australia does not guarantee the performance of, returns. Sun Cable. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. ASX investors might have dodged a bullet as the future darkens for Sun Cable. 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. Pixie Hollow Bake Off, Company name ASX code ; S2 RESOURCES LTD : S2R: SABRE RESOURCES LIMITED . However, it shouldnt be legal. LOL. Stock analysis for Fujian Nanping Sun Cable Co Ltd (002300:Shenzhen) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Yep started going to the outback in the early 1960s scrub cutting to feed sheep near Tilpa in the middle of a long devastating drought , I have also run cattle and have recently returned from a 15,000 k trip through western Qld, NSW, SA and NT. There are battery tech being developed locally in Australia with Australian companies, it would be nice if at least some of the materials are Australian sourced. Yeah definitely Australia is so over run with successful High tech ventures, we should absolutely find a way to make them pay for the incompetence of others. Solar panels also heat the air around them by 1.5degrees above ambient temps so add to atmospheric warming and replace valuable farming land and thus also displace wildlife and cannot compete with coal and gas etc without massive government subsidies all paid for by energy users and taxpayers rnass stupidity comes to mind. Why do they have their HQ in the US and are listed on the NASDAQ? Sun Cable is not the only mega-renewable energy export project on the drawing board in Australia. Copyright 2018 - 2023 Sun Cable Pty Ltd. Sun Cable is an Australian company established in 2018 with a mission to deliver dispatchable, competitively priced renewable electricity to the energy markets of the Northern Territory (NT), Singapore and other Association of Southeast Asian Nations (ASEAN) countries. 11225 Trade Center Drive, Suite 200, CA 95742. Then you guys posted Victoria mulls taxing electric vehicles. They do their usual mind f*ck of using a tiny amount of their wealth pretending to care about the environment, pretending to be philanthropic, and all the fake left useful idiots start waving their pom poms. James Mickleboro. 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. Thanks to our lead investors @mcannonbrookes @Grok_Ventures & #DrAndrewForrest https://t.co/M4pnZhsHUY. 12 Sunningdale Close, DUBBO<br/> <br/>This beautiful block of just under 1200m2 is nestled in one of the most prestigious areas of Dubbo, surrounded by luxury homes, in the Grangewood Estate, positioned amongst the esteemed Dubbo golf course.<br/><br/>This block is registered, fenced and ready to build your dream home on. Please try again later. 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 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 . October 24, 2020 In Uncategorized By . Copyright 2023 Macro Associates Pty Ltd. * Inception returns are per annum. The companys shares are up 31% in the last year. Pretty clear thinking there from a moron! 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. We are not talking about a finite resource like LNG. For more information please see our Financial Services Guide. Funds, Oil & 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. Are insiders hopeful of the future for these ASX 200 stocks? S largest financial services Guide will be far more important to whether current shareholders make money for you returns any! The project is expected to inject $8 billion into Australia's economy, most of it in the NT. But, also, once its built, the rest of Australia will link to it and everyone will have guaranteed demand day and night of Well, once you hit mainland Asia, your final demand can come from China, India, ME, Europe, Africa. TO MAKE THE WORLD Fraser is the co-founder and CEO of AlphaBeta, an economic strategy firm, based in Singapore. Even so, future earnings will be far more important to whether current shareholders make money. Mark loves getting out on-country, building partnerships and taking ideas from concept to reality. The Sun Cable solar project in Northern Territory is such an ambitious undertaking to power singapore through the Australian outbacks. Reduces global sea levels and will change climate and make more rain for central Australia! In his letter to the Alice Springs News this week Mr Gunner was again promoting "the largest solar farm under development in the world. Sun Cable is a private Australian solar energy infrastructure developer. 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. Click for restrictions. SUN: Show related codes: SUNCORP GROUP LIMITED Andrew Koscharsky, chief commercial officer of iSwitch, said the company was interested because Sun Cable could . Prior to Sun Cable, Mark managed over 400 MW of wind, solar and battery projects from development to construction, with an additional 400 MW of projects in the development pipeline. SUN share price and company information for ASX:SUN Refresh Data Market data is provided and copyrighted by Thomson Reuters and Morningstar. dashboard. April 12, 2021. The US and are listed on the ASX listed power generation company, power! The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. Just because a business does not make any money, does not mean that the stock will go down. Index data is provided S&P Dow Jones Indices LLC 2020. 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. There are always plenty of stocks that insiders are buying. . Australia is one of the countries with the most to gain from the global energy transition. The news is grovelling for the billionaires, via The Australian: Two of Australias richest men will invest in an ambitious $20bn solar project supplying electricity from the Northern Territory to Singapore by a subsea cable. We like that insiders have been buying shares in the last twelve months. Its a locked article so Ive come here. Compare the latest price, visualised quantitative ratios, annual reports, historical dividends, pricing and company announcements to find out. To view the entire thread just sign in or Join Now (FREE), Australia's largest stock tradingand investment forum. https://www.afr.com/companies/energy/singapore-power-retailer-backs-cannon-brookes-20-billion-sun-cable-20190925-p52usz. Copyright 2018 - 2023 Sun Cable Pty Ltd. Sun Cables mission is to supply renewable electricity from resource abundant regions to growing load centres, at scale. Mitchell is now completing his studies in finance and wealth management and hopes to help others in their investing journey. Please remember that investments can go up and down. Marks work is focused on building a pipeline of projects through prospecting and site selection, concept design, land procurement and native title and approvals. March 1, 2023 | Email: [emailprotected] The NASDAQ stocks for investors to buy ( is sun cable listed on asx 2 Every Investor Own! Power prices there are higher than Singapore. Here: Yet Twiggy is busy building the very LNG import terminal in eastern Australia that is the key driver for Singapore to get the cable and away from the same gas! Youre viewing a single post only. Find the latest SUNCORP FPO (SUN.AX) stock quote, history, news and other vital information to help you with your stock trading and investing. [6] Turnbull said the government had been advised that if the Liddell plant were to close in 2022, there would be a 1000MW gap in base load, dispatchable power generation. More than just markets From data scientists to derivative market experts, scrum masters to strategists, the ASX team brings together talented people from an incredibly diverse range of disciplines. SMARTER, HAPPIER, AND RICHER. Annual Reports. https://www.aemc.gov.au/energy-system/electricity/electricity-market/spot-and-contract-markets. According to the release, the company determined it was necessary amid an absence of alignment with the objectives of all shareholders. He is a Rhodes Scholar, with a PhD in Economics from Oxford University. SunCable | 52 followers on LinkedIn. Starting with the successful development and operation of Australias first utility scale wind farm (Alinta Wind Farm) in the 2000s, hehas been active in developing utility-scale solar and wind farms in Australia and South Africa ever since. To make the world Smarter, Happier, And Richer. HotCopper is Australia's largest free and independent stock market trading forum for ASX share prices & stock market discussions. Angela is an internationally accomplished business executive and general counsel. Some fkwit on Demonland today defended him ohhhh hes given so much to charity. Providing second rate software to businesses? Forms of contracting in the national electricity market Meridian is the largest electricity producer in New Zealand, and all of its supply is generated by renewable sources. It . He is a globally-recognised expert on sustainable development and energy transition issues, working with a range of governments, investors, and multilateral institutions. However, that these cables might get damaged which could disrupt the ., within its portfolio sports 770 MW of renewable energy generation and projects. 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