Frontier Energy has secured agreements for equity to cover a third of the cost of the largest solar-battery hybrid project in Western Australia, consisting of a 132 MW solar plant and an 81.5 MW battery storage system. The company has received firm commitments for $110 million in new equity and is working towards securing additional funding. The Waroona project is expected to generate revenue from reserve capacity contracts, energy sales, and other services, with a focus on selling excess output from the battery and solar farm. Additionally, the company is planning to expand the renewable energy facility to potentially reach 1,000 MW and 660 MW of battery capacity, aiming to create a major renewable energy precinct in the South West of WA to contribute to clean energy solutions and reduce carbon emissions in the area.