News

FRV announces the opening of its first solar project in India

October 22, 2018

Andhra Pradesh will power approximately 35,000 households, while avoiding the annual emission of 160,000 tons of greenhouse gases The two plants, with a total area of 100 hectares and located near the city of Bangalore Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects, announces the opening...

FRV awarded support for its fifth solar project in Australia

September 12, 2018

85 MW AC Winton Solar Farm, will produce enough energy to supply approximately 50,000 homes, while avoiding the annual emission of around 150,000 tons of CO2 This project will bring the total value of FRV’s solar investments in the Australian renewable energy sector to around A$850 million Fotowatio Renewable Ventures...

FRV awarded 55 MW in Armenia to develop its first solar project in the country

July 2, 2018

The Masrik-1 plant will power 21,400 Armenian homes and will reduce greenhouse gas emissions by approximately 54,000 tons of CO2 into the atmosphere each year With an approximate area of 100 hectares, it is expected to begin construction in early 2019 and be operational by the end of 2020 Fotowatio...

FRV recognizes students’ excellence with Young Talented Leaders scholarships

May 28, 2018

Thanks to this program, developed in collaboration with IE Foundation, two Mexican and Jordan grant holders will pursue their studies at the IE University These grants are awarded as part of FRV’s commitment to economic and social development in the markets and communities in which it operates Fotowatio Renewable Ventures...

FRV secures financing for Potosí Solar Farm in Mexico

January 18, 2018

Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects, has reached financial close for the 342 MW dc Potosí Solar Farm in Mexico. FRV has closed the financing agreement with KFW (Kreditanstalt für Wiederaufbau), Bancomext and ING. The project, which will be first to be operated by...

FRV will support the launch of the first nanosatellite in Jordan

January 17, 2018

Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects, has reached a collaboration agreement to support in financing the launch of the first nanosatellite in Jordan with the Crown Prince Foundation (CPF), a Jordanian institution that supports initiatives by youths in the social, cultural and know-how fields....

FRV awarded 540 GWh in Chile

January 16, 2018

Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects, has been awarded 540 GWh of energy in the last tender in Chile. This is the company’s first project in the Andean country, where it started its activities in previous years. FRV obtained in this tender 25% of the...

Agreement finalized for Lilyvale Solar Farm that will power 45,000 Australian homes

September 28, 2017

FRV’s total investment in the country amounts to approximately A$ 700 million Second large-scale FRV solar project in Australia to be financed without any Government grant funding FRV will have installed one million solar panels in Australia Fotowatio Renewable Ventures (FRV) a leading global utility-sacale solar developer, has announced the...

FRV secures financing for third Jordan solar project

September 18, 2017

Fotowatio Renewable Ventures (FRV), a leading global utility-scale solar developer, has announced it has reached financial close for a third project in Jordan, strengthening its presence in the country and helping the government deliver its ambitious renewable energy plan. FRV has closed financing with the European Bank for Reconstruction and...

FRV signs an agreement with Lighthouse Infrastructure and DIF for the sale of the Clare solar plant in Australia

June 1, 2017

Fotowatio Renewable Ventures (FRV), a leading global utility-scale solar developer, has signed a sale agreement with a consortium consisting of Lighthouse Infrastructure and DIF for the 100 MW AC (125 MW DC) Clare solar plant in Australia, which will continue to be operated and maintained by the company. Developed by...

Gianfranco Carassale

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

The pioneer spirit is something that has always characterized Rafael and José’s team, from their decision to enter the solar energy business to their expansion to new markets with an aggressive strategy able to capture them.

Roberto de Diego Arozamena

CEO, Abdul Latif Jameel Energy and Environmental services

FRV has technological and operational independence in their execution, which allows us to always find the best solution for each particular project.

Scott Mackin

Managing Partner and Co-President, Denham Capital

We’ve greatly enjoyed our collaborative relationship with the team and look forward to seeing FRV continue its success in the future.