Iron Road Ltd has selected Canada-based Amp Energy as renewable hydrogen development partner for the Cape Hardy Port Precinct in South Australia. Through this partnership, Amp Energy will develop and build up to 5 GW of electrolyser capacity over the next decade in the precinct, allowing the production of over 5 million tonnes of renewable ammonia annually.
Located on the Eyre Peninsula in regional South Australia, Cape Hardy has strong fundamentals for renewable ammonia production, including an existing wind and solar power supply and adjacent deep-water port facilities for transportation. This is further enhanced by policy support at both the federal and state government level. The Australian government has already allocated AUD $25 million for port infrastructure development at Cape Hardy.
Amp’s Australia project portfolio includes the development of 20 GW of electrolyser capacity (roughly equivalent to 19 million tonnes per year of renewable ammonia) which is underway across three precincts. In 2021, the company established a AUD $2 billion investment in renewable generation and battery storage.
Our background of developing large scale upstream power systems globally positions Amp for the emerging opportunity of green hydrogen and provides industrial synergies. The development of strategically located, transmission-connected green hydrogen and ammonia facilities at select locations such as Cape Hardy in South Australia is critical to our continued global growth and long-term strategy.Paul Ezekiel, Co-Founder and CIO of Amp in his organisation’s official press release, 11 April, 2023
The Cape Hardy precinct speaks to our State’s hydrogen production capabilities. As a leading global hydrogen energy developer and asset owner, we welcome Amp’s continued strategic commitment to South Australia. This project complements my Government’s commitment to hydrogen, through the Hydrogen Jobs Plan.The Honourable Peter Malinauskas MP Premier of South Australia, in Amp Energy’s official press release, 11 April, 2023
The Cape Hardy project was first launched in 2020 by Iron Road. The port precinct includes 1,200 hectares of undeveloped land owned by Iron Road, and the project is predicted to create over 5,000 direct and indirect jobs in development and operations.