Frontier Energy Limited (AU:FHE) has released an update.
Frontier Energy Limited has announced the final design for the Federal Government’s Capacity Investment Scheme in Western Australia, which promises to solidify revenue for 15 years, bolstering the expansion of their Waroona Renewable Energy Project. The project, which includes a 120MWdc solar facility and a substantial 80MW/320MWh battery, has received all necessary approvals and has commenced preliminary works. This initiative comes at a crucial time as Western Australia anticipates growing energy shortfalls from 2027, positioning Frontier’s expansion to meet increasing demand for renewable energy.
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