News

Clare Solar Farm Project in Queensland Gets Funding Go Ahead

January 2, 2017

Global solar developer, Fotowatio Renewable Ventures (FRV) has announced it has reached financial close for its 100 MW AC (125 MW DC) Clare Solar Farm project, with construction expected to start in early 2017. The announcement signals a pioneering agreement in the commercial solar sector, with the Clare Solar Farm...

FRV Celebrates 10th Anniversary as Renewable Energy Leader

December 12, 2016

  Spanish company Fotowatio Renewable Ventures (FRV) celebrates its 10th year in operation as a world leader in the renewable energy sector. Founded in 2006 in Spain, in only ten years FRV has become a world leader of photovoltaic energy and is now operating across five continents. FRV has completed...

FRV Announces New Scholarship Opportunities

December 2, 2016

Fotowatio Renewable Ventures (FRV) today signed a new agreement with the university Instituto de Empresa (IE) , a leading university in Spain to create two scholarship opportunities for students in Jordan.   As part of its commitment to developing communities in which it operates, FRV has partnered with the International...

FRV awarded a 300 MW solar project in Mexico’s second electricity market auction

October 27, 2016

Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants, has been awarded a 300 MW solar project in the second electricity market auction, conducted by the National Energy Control Center (CENACE) of Mexico. With this agreement, FRV extends its global footprint into the Mexican market at...

FRV wins a 135 MWp power purchase agreement in reverse auction under the National Solar Mission program in India

May 31, 2016

Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants, has been awarded a 135 MW power purchase agreement (PPA) in a reverse auction, conducted by Solar Energy Corporation of India Limited (SECI). The auction falls under the National Solar Mission program which was launched by the...

FRV announces second large-scale solar plant power purchase agreement in Australia with Origin

May 13, 2016

Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants, announces the signing of a second power purchase agreement (PPA) with Origin Energy Limited (Origin), covering 100 percent of the electricity output of FRV’s 100MW Clare Solar Farm. The solar farm will be located outside the township...

FRV announces landmark Moree Solar Farm PPA in Australia with Origin Energy

April 5, 2016

Fotowatio Renewable Ventures (‘FRV’), a leading global developer of large-scale solar power plants, has entered into a landmark agreement with Origin Energy Limited (Origin), signing a 15-year power purchase agreement which covers 100 per cent of the output from FRV’s recently commissioned 56 MW Moree Solar Farm. Located in northern...

FRV commences operation of Uruguay’s first utility-scale solar plant, La Jacinta

January 20, 2016

Fotowatio Renewable Ventures B.V. (FRV), a leading global developer of utility-scale photovoltaic (PV) solar power plants, has completed the construction of ‘La Jacinta’ solar plant in Uruguay. The project is the first large-scale solar plant in Uruguay and one of the largest solar PV projects in Latin America. ‘La Jacinta’...

FRV completes sale of Royalla solar power plant in Australia

January 18, 2016

Fotowatio Renewable Ventures (‘FRV’), a leading global developer of large-scale solar power plants today announced the sale of 100% of its equity interest in the iconic Royalla Solar Farm, a 20 MW ac photovoltaic solar plant in the Australian Capital Territory (ACT), to DIF, an independent fund management company. Developed...

Abdul Latif Jameel strengthens energy business with acquisition of leading solar developer Fotowatio Renewable Ventures (FRV)

April 8, 2015

Acquisition positions Abdul Latif Jameel Energy and Environmental Services as the largest GCC-based solar PV developer and one of the leading solar PV developers in the world The 100% acquisition includes FRV’s current solar PV pipeline of 3.8 GWdc, proven expertise in solar plant development and in particular its project...

Gianfranco Carassale

Lead Investment Officer, Inter-American Investment Corporation (IIC)

They are known for their expertise in solar technology as well as for their deep knowledge of the process, the financial structure and the energy market as a whole. This enables them to be extremely competitive. This way they reach efficiency and maximize profits, developing economically viable projects even at very tight and ambitious price targets.

José Benjumea

Founder, FRV

Everything has to change to stay the same. Energy has to be accessible, clean and sustainable, but if it is not affordable, the change will never come.

Alberto Sicre

General Director, OHL Industrial

FRV’s main strengths are its credibility, track record and experience in the sector. It is one of the few market players that, when considering new projects, shows real interest and commitment to delivery, and not just on a quick return on their investment.