Asset Hybridisation
Amp’s Asset Hybridised portfolio approach allows us to capture intraday spreads (dispatch into high price periods) through time of day dispatch shifting in jurisdictions like South Australia, by reducing asset level and portfolio risk. Capitalising on lower capture prices to charge a Battery Energy Storage System (BESS), is core to Amp’s hybridised solar and storage assets strategy.
Amp Australia will expand the portfolio with wind generation, ancillary services and hydrogen with the asset hybridisation strategy.
The Renewable Energy Hub of South Australia
April, 2022
Amp Australia's landmark Renewable Energy Hub is poised to accelerate the world's fastest energy transition and drive South Australia to net-zero and beyond with Amp's Spencer Gulf Hydrogen Energy Ecoplex.
Australia is famous for its plentiful sunshine, exceptional wind conditions, and vast open land areas, qualities that have always primed the land down under to become a leader in the clean...
Cape Hardy Green Hydrogen Project
The Cape Hardy Green Hydrogen Project is a proposed hydrogen and ammonia production facility located at Cape Hardy on the Eyre Peninsula in South Australia. The proposed facility will require renewable energy generation through a mix of wind, solar and battery energy storage systems (BESS).
Bungama BESS Project
The Bungama BESS Project is a new, large-scale Battery Energy Storage System (BESS) with up to 250 MW / 500 MWh storage capacity and a proposed solar energy facility. Located approximately 6 kilometres east of Port Pirie and 220 kilometres north of Adelaide, the Project is strategically located near existing network infrastructure.
The Project is designed to integrate into the National Electricity Market through a 275 kV connection to ElectraNet’s Bungama Substation. Through grid connection, the Project will contribute to a more reliable and stable network for South Australia, by storing excess energy until it is needed. The project is being designed for an operational life of up to 25 years.
Amp Announces the Establishment of the Renewable Energy Hub of South Australia (REHSA)
The portfolio, acquired From EPS, includes three large Solar PV projects totaling over 1.3 GW of generation, located at Robertstown (636 MW), Bungama (336 MW) and Yoorndoo liga (388 MW) with a total BESS capacity of up to 540 MW across the portfolio.
Amp's Hillston Solar Farm Reaches 100% Generation
Amp Australia announced it has achieved 100% generation at its 120MW Hillston Solar Farm (“Hillston”) in NSW, less than 3 months from first energisation. This Hillston generation milestone brings Amp’s operating portfolio in Australia to 160MWdc in New South Wales.
Amp Closes Financing for the 120MW Hillston Solar Farm
Amp has successfully raised Project Finance for its 120MW Hillston Solar Farm in New South Wales, Australia. The Hillston Solar Farm executed a project finance agreement with Natixis and Export Development Canada (EDC) as Mandated Lead Arrangers with Natixis being the LC Provider and Sole Hedging Provider.
Agreement for Lease with the Barngarla People of South Australia
Amp, together with initiating project developer EPS Energy have announced the execution of an Agreement for Lease with the Barngarla Determination Aboriginal Corporation RNTBC ("BDAC") for the strategically located Yoorndoo Ilga (388 MW) solar farm ("YIS") and hybridised 150MW Battery Energy Storage system located in Whyalla, SA.