This makes a lot more sense than Mike Cannon-Brooks cable to nowhere:
Andrew Forrest’s Squadron Energy is considering bidding for Sun Cable – the visionary $35 billion clean energy export project in northern Australia – against Mike Cannon-Brookes, but will dump a 5000-kilometre power cable link to Singapore if successful.
…The project is likely to be revived and Mr Cannon-Brooks has confirmed his interest in submitting his own bid to administrators – which Squadron Energy now looks set to take aim at – and continuing to pursue the Singapore submarine cable link.
…But Squadron Energy chairman John Hartman said the company envisages Sun Cable would be a domestic play, generating vast quantities of renewable energy to produce green hydrogen and green ammonia.
This thing could decarbonise Australia’s east coast and liberate it from the gas cartel, as well as coal robber barons, overnight.