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Shell Offloads Oz Battery Stake

2025-02-04 13:48

Ampyr now owns 100% of the 400MW Wellington BESS project in New South Wales


Wedoany.com Report-Feb 4, Ampyr Australia has acquired Shell’s 50% stake in the 300MW Wellington battery energy storage system (BESS) in New South Wales.

With its Wellington BESS stage two project (100MW), Ampyr now owns 100% of the 1000MWh Wellington project.

Ampyr and Shell Energy Australia had been joint venture partners in the BESS scheme (image of site) since October 2022.

Ampyr is aiming for energisation of stage one in 2026, with stage two to follow in 2027.

The first phase of the Wellington BESS has received planning and grid approvals and is in the final stages of procurement and financing.

As one of the largest BESS in the region, the Wellington BESS will contribute to improved grid reliability, enable more renewable energy generation, and lower energy costs for consumers in New South Wales.

“Reliable, cost-competitive electricity is a cornerstone of Australia’s economic growth. Ampyr’s mission is to enable Australia’s future industries to benefit from the clean energy transition,” said Ampyr chief executive Alex Wonhas.

“We’re grateful for Shell’s contributions to the Wellington BESS project, and we are excited about accelerating its development to bring this vital project to market.”

Ampyr Australia develops, invests in and delivers renewable energy and is on track to own and operate 3GW of energy storage in Australia by 2030.

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