Solar Energy on the Horizons of Billionaires

Two Australian billionaires are making a big bet into the solar energy industry. Andrew Forrest who made his wealth from the resources industries and Mike Cannon Brooks who founded a very successful software company made a considerable investment in what it could be the world’s biggest solar farm project in history. The solar farm is planned to be built in the Northern Territory and will cost approx. 20 Billion dollars. Once the solar farm is built it will export electricity to Singapore via an underwater cable. Sun Cable is the developer of the project more potential investors are already under way with a view to reaching financial close in 2023

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Luis Ribera

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