News

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

November 12, 2020

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

October 13, 2020

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

September 8, 2020

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

August 5, 2020

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...

IFC, EBRD, and EU Partner with Fotowatio Renewable Ventures to Support First Solar Plant in Armenia

July 15, 2020

IFC, a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to support the development of the first utility-scale solar power plant in Armenia, which is also the first for the Caucasus. The 55-megawatt power plant facility,...

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

July 6, 2020

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

May 20, 2020

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

May 18, 2020

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

March 26, 2020

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

March 24, 2020

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...

Marko Kremer

Senior Director, DIF Australia

FRV’s main strength is its ability to develop all processes internally. This provides the knowledge and capacity to anticipate what will happen and explain it clearly.

Scott Mackin

Managing Partner and Co-President, Denham Capital

Denham Capital has been proud to partner with the team at FRV for nearly three years in this very successful investment. Rafael, José and their colleagues have captured a leading position in key emerging markets where solar undercuts the marginal cost of electricity.

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.