Multi-billion-dollar green hydrogen project enters next phase
Iron Road Ltd’s Cape Hardy green hydrogen project which is expected to result in billions of dollars’ worth of investment outcomes and more than 1,000 jobs when fully operational, has selected Amp Energy as lead green hydrogen developer after a three-month competitive offer-to-bid process.
The green industrial hub, located on the Eyre Peninsula, will accommodate the green field development of a multi-purpose, multi-user deep-sea port for mineral, grain and hydrogen export. It will also feature a 5GW scale green hydrogen production facility proposed by Amp Energy.
Over the past decade, the South Australian Government has played a critical role to support the development, along with the Federal Government that provided a $25 million funding commitment for the development of the deep-sea port.
The planned export facility at Cape Hardy is designed to be South Australia’s first capesize capable port and, along with the industrial precinct, will be developed over a number of stages.
“We are delighted to be working exclusively with Amp Energy for the next nine months and beyond, on a green energy production and export development opportunity of national significance,” said Larry Ingle, Iron Road Ltd Chief Executive.
“This important milestone further validates Cape hardy as South Australia’s pre-eminent hydrogen export hub of scale. Our competitive offer-to-bid process was carefully designed to screen the most capable and motivated developer looking to prioritise and advance the project quickly and judiciously.”
Amp Energy intends to develop and build up to 5GW of electrolyser capacity over the next decade in the precinct, delivering over five million tons per annum of green ammonia, which will establish South Australia as a global leader in the production of green hydrogen and ammonia.
“Amp Energy’s background of developing large-scale upstream power systems globally, positions Amp Energy for the emerging opportunity of green hydrogen and provides industrial synergies,” said Paul Ezekiel, AMP Energy, Co-Founder and Chief Investment Officer.
“Amp Energy’s 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.”
The South Australian Government, through Invest SA within the Department for Trade and Investment, recently supported Iron Road Ltd and Amp Energy, along with other local companies, at the Fuel Cell Expo in Tokyo in March to showcase South Australia’s green credentials and hydrogen export capabilities.
For further information about the support available from Invest SA, visit www.invest.sa.gov.au