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Synertec Corporation Limited (ASX:SOP)

ALERT: Price-sensitive ASX Announcement for SOP
Current share price for SOP : $0.074 0.044 (146.67%)+
Announcement
Release
9 Jul 2026 9:15AM
Price at Release
$0.030
Full Release
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Summary
Synertec Corporation Limited, through its Powerhouse platform, has been selected by Amplitude Energy Limited for a power optimisation project at the Orbost Gas Processing Plant in Victoria, Australia. This project aims to enhance reliability, reduce maintenance costs, and lower fuel gas consumption and emissions. The plan includes integrating a solar and battery energy storage system with advanced controls. The project is estimated to be worth between $4.5 million to $5.5 million, subject to Amplitude Energy's Final Investment Decision. It will follow a three-stage approach including a Front-End Engineering and Design (FEED) study, construction and integration, and ongoing operational support. Synertec's Managing Director, Michael Carroll, highlighted this as a significant step for the Powerhouse platform, which is expanding into larger industrial energy systems.
Key Points
  • Powerhouse selected by Amplitude Energy for Orbost Gas Processing Plant project.
  • Project aims to improve reliability, reduce costs, and cut emissions.
  • Integration of solar and battery storage with advanced controls.
  • Estimated project value between $4.5 million to $5.5 million.
  • Project involves a FEED study, construction, and ongoing support.
  • Synertec's Managing Director sees this as a major milestone.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.