Frontier Energy’s Waroona Project Delivers Long-Term Growth

Frontier Energy Limited (AU:FHE) released an update.

Frontier Energy Limited has announced the final draft of the Federal Government’s Western Australian Capacity Investment Program, which promises to strengthen revenues for 15 years while supporting the expansion of its Waroona Renewable Energy Project. The project, which includes a 120 MWdc solar facility and a substantial 80 MW/320 MWh battery, has received all necessary approvals and has commenced preliminary works. The initiative comes at a crucial time as Western Australia predicts growing energy shortages from 2027, placing Frontier’s expansion in the spotlight to meet growing renewable energy demand.

For more information on the AU:FHE stock, check out TipRanks Stock Analysis Page.