Frontier Energy narrows EPC option for 114-MW Aussie solar project
- Australian firm Frontier Energy Ltd (ASX: FHE) has actually shortlisted two firms in the search for an engineering, procurement as well as building and construction (EPC) service provider for its 114-MW solar project in Western Australia.
The renewable energy and also hydrogen manufacturer make a final EPC choice for its Bristol Springs photovoltaic or pv (PV) scheme in the last quarter of this year, it stated in a bourse declaring on Tuesday. While no names were offered in the press declaration, the company kept in mind that the shortlisted candidates have considerable experience in the development of industrial-scale solar farms in Australia.
The checklist of prospective specialists at first included five business.
The suggested solar farm, which has the possible to be broadened to 500 MW, will certainly be utilized to produce electricity for a 36.6-MW alkaline electrolyser to generate some 4.4 numerous green hydrogen every year. Frontier Energy noted that the EPC choice process is just linked to the solar project and also excludes the advancement of the hydrogen facility.
The EPC contract is a key need for the launch of the project's financing phase, which is due to commence in early 2023. The Aussie company approximates it will require some AUD 166.3 million (USD 108.3 m/EUR 112.1 m) to construct the PV park.