{"id":42022,"date":"2021-08-30T02:10:53","date_gmt":"2021-08-29T16:40:53","guid":{"rendered":"https:\/\/www.aumanufacturing.com.au\/?p=42022"},"modified":"2021-08-30T10:20:49","modified_gmt":"2021-08-30T00:50:49","slug":"sun-cable-brings-australian-manufacturing-boost","status":"publish","type":"post","link":"https:\/\/www.aumanufacturing.com.au\/sun-cable-brings-australian-manufacturing-boost","title":{"rendered":"Sun Cable brings Australian manufacturing boost"},"content":{"rendered":"

By Peter Roberts<\/p>\n

Such is the enormous scale of Sun Cable’s proposed Northern Territory solar farm and electricity export cable to Singapore than many have trouble believing that this energy – and soon to be manufacturing – megaproject is really getting underway.<\/p>\n

Originally envisaged as 14 GW solar farm coupled with 33 GWh of battery storage, a 750km overhead transmission line, and a 3,800km HVDC submarine cable, proponents of the $26 billion project are now scaling up plans as the economics of harvesting power in Australia for energy-poor Singapore stack up better than previously expected.<\/p>

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According to a report in the authoritative pv-magazine, the company backed by Andrew Forrest and Mike Cannon-Brookes will announce scaled up plans in September, a move which will have implications for the company’s manufacturing proposals for Darwin.<\/p>\n

Part of the economic sense of the project is the factory efficiency and quality that comes from using the pre-wired Maverick solar PV system designed by Sydney-based manufacturer 5B.<\/p>\n

5B’s revolutionary design, conceived by founders Chris McGrath and Eden Tehan in 2013, allows the panels to be rolled out rapidly on sites that require minimal preparation, ground penetration and trenching.<\/p>

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A team of three people can lay our 1MW of panels a week using a front end loader, streamlining engineering and procurement and transferring cost, time, and risk from the construction site to the factory.<\/p>\n

In March Sun Cable lodged a development application for a first stage solar array manufacturing and assembly facility at East Arm in Darwin that will pilot a semi-automatic production system.<\/p>\n

A second stage would expand the operation and create the logistics chain necessary to rail the pre-fabricated panels to the site near Elliott in the Barkly region of the NT.<\/p>\n

With 5B’s order book having grown 500 per cent over the past year and with a growing base of 50 customers across five countries, it is unsurprising that 5B has just gone to market seeking $30 million to $50 million from investors.<\/p>\n

A previous $12 million raising included cash from Artesian Venture Capital and former PM Malcolm Turnbull.<\/p>\n

According to the company: “The new round is expected to be over-subscribed.”<\/p>\n

There are few projects on the drawing board that will create an energy and manufacturing industry exporting a product – electricity – worth more than $1 billion a year.<\/p>\n

After decades of lost manufacturing opportunities in solar power, maybe this time the Australian Sun will shine brightly.<\/p>\n

Picture: 5B\/rapid solar panel deployment<\/p>\n

Subscribe to our free\u00a0@AuManufacturing<\/em>\u00a0newsletter\u00a0<\/b>here<\/b><\/a>.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

By Peter Roberts Such is the enormous scale of Sun Cable’s proposed Northern Territory solar farm and electricity export cable to Singapore than many have trouble believing that this energy – and soon to be manufacturing – megaproject is really getting underway. 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