Frontier Energy Limited (AU:FHE) has released an update.
Frontier Energy Limited has announced enhanced Project economics for their Waroona Renewable Energy Project, with a final battery technology selection that extends duration by 12% and reduces capital costs by 5%. The company is capitalizing on declining costs for solar panels and batteries, and is progressing with its funding strategy through debt financing and strategic partnerships. The improvements in battery technology will allow for increased revenue by selling more energy during peak periods and receiving higher Reserve Capacity Payments.
For further insights into AU:FHE stock, check out TipRanks’ Stock Analysis page.
