News

FRV reaches financial close for two solar PV projects in Jordan

March 27, 2017

FRV, a leading global utility-scale solar developer, has announced the financial close of two of the four projects awarded in the second round of Jordan’s solar independent power producer (IPP) tender. The announcement coincides with the visit of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al...

FRV signs an agreement with Invenergy for the sale of La Jacinta solar plant in Uruguay

March 14, 2017

Fotowatio Renewable Ventures (FRV), a leading global utility-scale solar developer, has signed an agreement with Invenergy, a privately-held company that develops, owns and operates utility-scale renewable energy projects and storage facilities, for the sale of the 65 MWdc La Jacinta solar plant in Uruguay, one of the largest photovoltaic (PV)...

FRV announces Moree Solar Farm opening and confirms future for solar in Australia

March 3, 2017

Global utility-scale solar developer, Fotowatio Renewable Ventures (FRV) officially inaugurated the Moree Solar Farm in Australia, and reaffirmed its commitment to helping develop the solar energy market in the country. The Moree Solar Farm commenced construction operations in February 2015 and 12 months later it started supplying electricity to the...

FRV’s Lilyvale Solar Farm Project Secures Power Purchase Agreement with Ergon Energy

February 7, 2017

Global utility-scale solar developer, Fotowatio Renewable Ventures (FRV), has announced it has signed a Power Purchase Agreement (PPA) with Ergon Energy, the Queensland Government-owned electricity retailer, for the output from its proposed 100 MWAC (125MW DC) Lilyvale Solar Farm project.   The PPA, which will see Ergon Energy purchase 100...

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...

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.

Rafael Benjumea

Founder, FRV

At FRV we have a strong commitment to the economic and social development of the markets and communities in which we operate, and we are pleased to be able to deliver on this commitment through this innovative program.

José Benjumea

Founder, FRV

We believe that our success needs to have a positive impact in those regions where we operate and that education is the best channel to meet this goal, and to improving the future of those communities that embrace our projects