The Australia-Asia PowerLink project, spearheaded by SunCable, aims to deliver up to six gigawatts of green electricity annually, positioning Australia as a renewable energy superpower, according to Environment Minister Tanya Plibersek.

SunCable is working towards a final investment decision expected in 2027, as stated by CEO Cameron Garnsworthy.

This initiative includes plans for the world's largest solar farm, representing a significant infrastructure investment for Australia.

Initially supported by mining magnate Andrew Forrest and Atlassian co-founder Mike Cannon-Brookes, the project faced challenges last year but was revived by a consortium led by Grok Ventures.

The project encountered difficulties due to a fallout between co-owners, leading to administration, but Cannon-Brookes regained control through Grok Ventures.

The project received approval under the Environment Protection and Biodiversity Conservation Act, marking a significant milestone for its development.

Plibersek emphasized that the project will adhere to strict environmental protections, including safeguards for local wildlife like the greater bilby.

SunCable is currently negotiating with Singapore's energy regulator for conditional approval of the subsea cable and with the Indonesian government for construction in its waters.

Despite receiving environmental approval, the project must navigate regulatory challenges in both Singapore and Indonesia.

While the transmission line to Darwin is considered manageable due to its shared rail corridor, the underwater cable route has faced criticism regarding potential hazards.

Plibersek highlighted the choice between investing in renewable energy or pursuing nuclear options, which she described as an 'expensive fantasy.'

Energy politics in Australia remain contentious, with coal and gas still dominant despite a growing push for renewable energy.