What is FRV-X?
In 2019, we launched FRV-X as our technology platform able to create innovative solutions along New Energy Value chain.
The FRV-X team continues FRV’s pioneering journey through identifying, exploring and incubating innovative concepts in technology, service and business models to deliver viable and scalable solutions that continue to drive the global transition to a sustainable renewable energy model.
FRV-X is FRV’s innovation unit where we currently have 3 fundamental pillars: BTM storage, green hydrogen and new digital models
Project development and prospecting
Market assestment
Analysis & Design
Financial modelling
Project development and prospecting
Market assestment
Analysis & Design
Financial modelling
VPP
Energy communities
Aggregators
Energy-as-a-Service
Community ownership
Pay-as-you-go models
P2P Electricity Trading
Green hydrogen and derivatives
The goal of energy transition and the search for greater energy independence means that green hydrogen and its derivatives, such as green ammonia, create new lines of business in terms of uses and exports.
The Kaminoan project aims to provide a green hydrogen production capacity of up to 20 MW. The green H2 production plant will be powered by a dedicated photovoltaic plant next to the electrolyser and by electricity from the green grid (with guarantees of origin) during the hours when the solar resource is not available.
Part of the green hydrogen will be supplied to mobility companies for their fleet of fuel cell vehicles for long distance road freight transport. Another part of the hydrogen will be used to decarbonise industrial thermal processes. Blending is also envisaged.
Extremadura (Spain) has been chosen as the location for the project due to its high solar radiation, proximity to relevant highways and the importance of the agricultural and livestock sector and industry. The development of the project will contribute to increasing the capacity of electrolysers and hydrogen distribution infrastructure, accelerating the adoption of technologies along the entire hydrogen value chain and boosting the economy and industrialisation of a rural area of Spain.
Behind the meter (BTM)
FRV-X’s Energy-Storage-as-a-Service (ENSaaS) is a tailor-made solution specially developed for the commercial and industrial sector to reduce carbon footprint and minimise energy costs and utility bill demand. This solution is made possible through a combination of AI-controlled energy storage systems and on-site distributed renewable generation.
New Digital Business Models
Innovation Plan – META framework
Our innovation process follow 3 steps until adoption, where we start analyzing opps from monitoring new ventures on the energy sector.
Ecoligo
Financing solar projects through crowdfunding in developing countries.
FRV-X has invested in Ecoligo, an impact investment provider that implements solar-as-a-service projects in emerging markets. Founded in 2016, the company leads the energy transition in eleven countries such as Kenya, Vietnam and Chile.
REDEX
A company committed to accelerate the global transition towards clean, green and renewable energy.
REDEX Group Pte Ltd provides innovative technological solutions that enable companies to adopt renewable energy with ease. Headquartered in Singapore, the Group developed and operates Asia’s leading trading platform for Renewable Energy Certificates (RECs). REDEX offers a one-stop ecosystem for RECs, supporting clients through the full REC lifecycle – asset registration, verification, marketplace and retirement.