CANBERRA, June 22 (Xinhua) -- A Singaporean company has revealed plans for the world's largest solar farm in central Australia.

David Griffin, managing director of power generation company Sun Cable, told News Corp Australia on Saturday that the 20-billion-Australian-dollar (13.8 billion U.S. dollars), 15,000-hectare project could start producing power as soon as 2027.

Power generated by the farm, which will be built near Tennant Creek in the Northern Territory (NT), will be exported to Singapore via a 3,800-km High Voltage Direct Current (HVDC) cable.

According to Sun Cable it will supply approximately one third of all Singapore's electricity while also creating 2,300 jobs in the NT and South Australia (SA).

Australian solar panel manufacturer 5B's Maverick, a pre-fabricated easily deployed panel, will be used on the farm.

The announcement of the project comes one day after climate solutions research institute Beyond Zero Emissions released a report that found embracing renewable energy could create 8,000 jobs for the NT by 2030.

Michael Gunner, NT's chief minister, said he is a strong supporter of the project.

"There is no better place in the world to lead the renewable revolution than the Northern Territory," he said.

"We have the guaranteed cloud free days, the land, and a government with the vision, plan and will to make it happen."