Cannon-Brookes' SunCable taps Tasmania for manufacturing facility site
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The news: Mike Cannon-Brookes' SunCable has named Tasmania as the preferred site for its high voltage direct current (HDVC) cable manufacturing facility. Bell Bay in the state's northwest has been named as a potential location for the plant, which aims to solve global supply constraints for the subsea cable.
The numbers: The facility could create more than 1200 jobs in construction and advanced manufacturing, SunCable said in a statement. The Tasmanian government expects the project would create more than $1 billion in economic activity in the state during construction and up to $350 million per year at full operations. The facility would typically use around 25-40 megawatts of renewable energy to manufacture the cables, SunCable said.
The context: Currently all HVDC subsea cable manufacturing is located in the northern hemisphere. The proposed facility would become a key component of SunCable's flagship AAPowerLink project, which will export solar energy from the Northern Territory to Singapore and eventually Indonesia.
What they said: "Australia has an abundance of sunshine and wind," SunCable Chief Projects Officer Chris Tyrrell said in a statement.
"HVDC cable enables the export of this natural resource to the world, establishing Australia as a renewable energy superpower as well as an advanced manufacturing hub for critical supply chains."
The source: SunCable Media Release
