Moree, Australia

Moree Solar Farm Opening

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Fotowatio Renewable Ventures (FRV) officially inaugurated the Moree Solar Farm in Australia in an event that marked the opening of FRV’s landmark 70 MW dc project. The Moree Solar Farm commenced construction operations in February 2015 and 12 months later it started supplying electricity to the grid.

The event was introduced by Moree’s Aboriginal Land Council Deputy Chair, Lloyd Munro and had several speakers including representatives from FRV, the New South Wales (NSW) government, Moree´s council, the Australian Renewable Energy Agency (ARENA) The Clean Energy Finance Corporation (CEFC) and Origin. Other key stakeholders that attended the event included Green Light Contractors (subsidiary of Elecnor) as the EPC contractor and operator, Integeam as the supplier of inverters and power stations, the National Australia Bank (NAB), Herbert Smith Freehills and Aurecon.

In his speech Rafael Benjumea, CEO of FRV, took the opportunity to talk about the importance that Australia’s renewable energy policy has for the future of solar generation in the country, and explained that it would continue to enjoy the low cost clean energy if government regulations were appropriately set over the long term. In his speech, he pointed out the benefits that investing in this kind of large-scale renewable energy projects has for the socio-economic development of the country. He also congratulated all the FRV team for this great achievement, and thanked all the partners and contractors involved in the project.

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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.

José Benjumea

Founder, FRV

Everything has to change to stay the same. Energy has to be accessible, clean and sustainable, but if it is not affordable, the change will never come.

Scott Mackin

Managing Partner and Co-President, Denham Capital

We’ve greatly enjoyed our collaborative relationship with the team and look forward to seeing FRV continue its success in the future.