About Wellington invests in energy storage battery company
[Sydney, 14 October 2022] AMPYR Australia Pty Ltd (AMPYR) and Shell Energy Australia (Shell Energy) have signed a joint development agreement for a proposed battery energy storage system strategically located in Wellington (the Wellington BESS), Central West New South Wales (NSW).
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6 FAQs about [Wellington invests in energy storage battery company]
Who owns the Wellington Battery energy storage system?
It now fully owns the battery storage facility. AMPYR Australia is now the full owner of the Wellington Battery Energy Storage System (BESS) after acquiring Shell Energy Australia’s 50% stake in the project’s stage 1. In a statement, AMPYR said it had been joint venture partners with Shell in the New South Wales project since October 2022.
Who owns Wellington Battery Stage 1?
AMPYR Australia today said it has acquired its joint venture partner Shell Energy Australia’s 50% stake in the 300-MW/600-MWh Wellington Battery Stage 1, thus securing full ownership of the entire 1,000-MWh project in New South Wales. Battery energy storage systems (BESS) License: CC0 1.0 Universal (CC0 1.0) Public Domain Dedication.
Who owns a 1GW Australia battery energy storage system?
Stonepeak-backed Ampyr Energy Global has taken over a 50% stake in a 1GW Australia battery energy storage system (BESS) from Shell Energy.
Who owns Shell Energy & ampyr Australia?
Ampyr Australia, the local arm of Singapore-based outfit Ampyr Energy, says it has acquired oil major Shell Energy’s 50% stake in the 300 MW / 600 MWh first stage of the Wellington battery energy storage project being developed near Dubbo in New South Wales.
Will ampyr Australia build a 1 GWh battery energy storage system?
Renewables developer Ampyr Australia plans to fast track the development of a 1 GWh battery energy storage system in central New South Wales after buying out former project partner Shell Energy.
When will ampyr & shell energy build the Wellington Bess project?
The Wellington BESS project is being jointly developed by AMPYR and Shell Energy. Subject to securing all relevant approvals, authorisations and financing, construction is expected to commence in mid-2023. Once operational, Shell Energy will hold the rights to charge and dispatch energy from the Wellington BESS.