World’s Largest Solar Project Falters After Aussie Billionaire Backers Disagree On Future Direction

  • Sun Cable-among Australia’s most ambitious solar projects that plans to export electricity to Singapore via a 4,200-kilometer submarine cable-has entered into voluntary administration after shareholders disagreed on the future direction and funding of the project.
  • Sun Cable said. “Whilst funding proposals were provided, consensus on the future direction and funding structure of the company could not be achieved.”
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