- 2006
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The foundation Group is created
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First project in construction: La Magascona (Spain), with 23 MW dc the largest PV plant in the world at that time
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Qualitas Venture Capital (QVC) backs the development of the company and co‐invests with the founding team in a number of solar photovoltaic (PV) energy projects.
- 2007
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FRV becomes the first developer of large-scale solar energy projects in Spain
- 2007
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Creation of the Asset Management Department
- 2008
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FRV develops its first portfolio of energy projects in Europe
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FRV develops its first portfolio of energy projects in Europe and USA
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Fundraising round is completed with two institutional investors: General Electric Energy Financial Services (GE EFS) and Grupo Corporativo Landon
- 2009
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FRV becomes the first solar PV Independent Power Producer (IPP) in the USA
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Acquisition of MMA Renewable Ventures, a leading USA-based solar energy developer
- 2010
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FRV becomes the first solar PV Independent Power Producer (IPP) in the USA
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First FRV project commences, acting as developers and EPC (Engineering, Procurement, Construction)
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Sale of the businesses in Italy the USA and CSP
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Awarded flagship project in Australia in partnership with BP
- 2010
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FRV starts providing AM services to MEAG in Italy
- 2011
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FRV becomes a leading PV Independent Power Producer (IPP) worldwide
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Second phase of FRV’s international expansion commences, with projects explored in emerging markets
- 2012
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First solar PV project pipeline developed in Australia (PPA of Royalla, 24 MW dc)
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Expansion of operations to Middle East, Africa and Latin America (Uruguay, Mexico and Brazil)
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A third fundraising round is completed with Denham Capital Management LP (Denham)
- 2013
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First solar PV pipeline developed in Latin America
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Financial Close of Royalla, the largest PV project in Australia at that time
- 2014
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FRV becomes a leading solar energy developer in emerging markets
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24 MWp becomes fully operational in Australia
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Significant global expansion of the project pipeline commences
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Financial Close and beginning of construction of 70 MW dc in Australia (Moree, flagship project) and 65 MW dc in Latin America (La Jacinta)
- 2015
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FRV acquired by ALJ Global Energy DMCC in March 2015
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65 MW dc (La Jacinta) become operational in Latin America
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Sale of Royalla (24 MW dc) in Australia
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New Power Purchase Agreements (PPA) signed in Jordan
- 2016
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Sale of 24 MWp from Royalla solar farm, Australia
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PPA of 195 MW dc in Australia (Moree and Clare)
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PPA of Andhra Pradesh (138 MW dc) in India
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FRV enters the Mexican Market with 342 MW dc (Potosí Solar)
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Expansion to wind
- 2017
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Financial Close and beginning of construction of Mafraq I and Mafraq II in Jordan (132 MW dc)
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PPA and FC of 125 MW dc in Australia
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Sale of 65 MW dc in Uruguay (La Jacinta)
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Financial Close and beggining of construction of Mafraq I and Mafraq II in Jordan
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FC and sale of 125 MW dc in Australia (Clare)
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Awarded 200 MW in Chile in the first hybrid solar-wind project
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Financial Close of 342 MW dc in Mexico (Potosí)
- 2018
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Financial Close of 66 MW dc in Jordan (Safawi)
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55 MW dc awarded in Armenia
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FRV signs two PPAs in Australia for 183 MW dc
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139 MW dc start operations in India (Andhra Pradesh)
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Financial Close of 50 MW dc in Spain (La Solanilla)
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Decision to change business model and become an IPP keeping the ownership pf the projects
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Awarded first merchant Project in Mexico (Potrero, 296 MW dc)
- 2019
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Lilyvale (125 MW dc) starts operations in Australia
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Al Safawi (66 MW dc) in Jordan starts operations
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Financial Close of Potrero solar farm in Mexico (296 MW dc)
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Team dedicated to exploring the storage and battery space. First battery project.
- 2020
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Financial close and PPA for new projects in Australia
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La Solanilla Solar Plant (50 MW dc) begins operations