Category: Press Releases

FRV and Harmony Energy to develop their second utility scale battery project in UK

With 34 MW Contego in West Sussex will have a capacity of 68 MWh, using a series of 28 Tesla Megapack batteries. This is a new joint battery energy storage project between Harmony Energy and FRV. FRV continues its strategic plan of long-term investments in the development of utility-scale battery...

FRV secures Green Finance for Sebastopol Solar Farm, NSW, Australia

90 MWac Sebastopol Solar Farm will produce enough clean energy to supply more than 40,000 homes and avoid the emission of approximately 77,600 tons of CO2 annually, equivalent to taking 27,700 cars off the road each year FRV signed a Power Purchase Agreement (PPA) for the project with Snowy Hydro...

FRV’s San Serván Solar Plant closes financing including the first Climate Bond Certified green transaction in Spain of € 64m

The San Serván photovoltaic plant in Extremadura will generate approximately 291 GWh of clean energy annually, which is enough to power 105,000 Spanish homes and avoid the emission of 216,000 tons of CO2. The Company has signed a Power Purchase Agreement (PPA) with ENGIE Spain that ensures the funds needed...

FRV successfully completes the construction of Goonumbla Solar Farm in New South Wales, Australia

The plant has now completed construction and produces 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 This is the second project of FRV...

FRV & Harmony Energy commission Megapack energy storage project in the UK

The joint project by global renewables leader FRV and British developer Harmony Energy is the development of one of the largest battery energy storage plants in the South of the UK. Commissioned on July 5th, the system of lithium-ion batteries has a combined capacity of 15 MWh connected to the...

Goonumbla Solar Plant generates first Kwh of clean energy

Our 67.8MW ac Goonumbla Solar Plant in New South Wales, Australia, has started generating its first Kwh of clean energy and it is expected to reach full capacity during the coming months. Once fully operational, the plant will produce approximately 195,000 MWh of clean energy per year. This power output...

FRV’s Solar Farm “La Solanilla” to Supply 35,000 Homes in Spain with Clean Energy

The solar farm will produce around 103 GWh of clean energy per year, enough to supply around 35,000 Spanish homes and avoid the emission of 72,000 tons of CO2. La Solanilla will boost Extremadura’s economic development; during the construction phase alone, around 350 jobs were created. As part of FRV’s...

Powering potential: renewable energy in Latin America

Latin America grabbed headlines at the United Nations Climate Action Summit in New York in November 2019, when it pledged a collective target of 70% renewable energy use by 2030 – more than double the EU’s target of 32%[1]. According to a report from ABN Amro[2], in 2018 renewables accounted for around...

Australia – A new renewables superpower? Q&A with Carlo Frigerio

For a brief moment in November 2019, Australia was a world leader in renewable energy. Data showed that at 11:50 AM on Wednesday, November 6, renewables were providing just over 50% of the power to Queensland, New South Wales, Victoria, Tasmania and South Australia – the five states served by...

FRV signs new power purchase agreement with Snowy Hydro in New South Wales, Australia

FRV has reached an agreement with Snowy Hydro, one of the main electricity generation and retailing companies in Australia Sebastopol Solar Farm will produce enough clean energy to supply more than 40,000 homes and avoid the emission of approximately 77,600 tons of CO2 per year, the equivalent of taking about...

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.

Gianfranco Carassale

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

Despite their size, they have been competing closely in bids with firms, which had different structures and abilities. This certainly shows their ability to be a strong market competitor. FRV has been a pioneer in market segments where no one had been before, and that has a lot of value.

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.