Category: Press Releases

FRV secures financing for Potrero Solar, one of the largest bifacial PV projects worldwide

The project will produce around 700 GWh of clean energy per year, enough to supply 350,000 Mexican homes and reduce the emission of 345,000 tons of CO2 each year Construction of the plant began in May and it is expected to be operational by mid-202 Potrero will favor the economic...

FRV signs a green credit line for €60 M with BBVA

The guarantee has a €60M limit, and it is to be used for green initiatives and projects. (The credit line has a guarantee limit of €60 M to be used for green initiatives and projects) This agreement enables FRV to keep giving access to cleaner, more efficient competitive energy The...

FRV secures financing for Goonumbla Solar Farm in New South Wales, Australia

  The plant is expected to commence operations in 2020 and will produce energy to supply more than 45,000 Australian homes, while avoiding the emission of 140,000 tons of CO2 per year   FRV signed a Power Purchase Agreement (PPA) for the project with Snowy Hydro in late 2018  ...

FRV’s Lilyvale solar plant up and running in Australia

The solar plant will produce enough energy to supply more than 45,000 Australian homes, while avoiding the emission of 175,000 tons of CO2 per year FRV has invested USD 700m in Australia since 2012 Company investing USD 900m worldwide in 2019 alone in strategy to increase installed capacity eight-fold by...

FRV secures financing for La Solanilla Solar Farm in Trujillo, Spain

This project will produce around 103 GWh of clean energy per year – enough to supply 25,000 Spanish homes and reduce gas emissions by 1 kilogram of CO2 per hour. Construction of the plant will begin before the end of 2018 and it is expected to be operational by late...

FRV signs Power Purchase Agreement for its sixth solar project in Australia

FRV has reached an agreement with Snowy Hydro, one of the main electricity generation and retailing companies in Australia Goonumbla Solar Farm will produce enough clean energy to supply more than 45,000 homes and avoid the emission of 140,000 tons of CO2 per year The construction of the solar farm...

FRV announces the opening of its first solar project in India

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

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

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

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...

Fernando Salinas

Country Manager at Central America Region, FRV

Collectively, we have a target to generate an important project pipeline that could help us achieving our company goals in the region.

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.

Javier Esquivias

General Deputy Director, Elecnor

FRV has always been a pioneer. From the first time they came to us 10 years ago, they really made an impact with their vision and La Magascona, which was a project of a huge magnitude at that time.