News

FRV reaches financial close with IFC, EBRD, and Ameriabank for the largest Utility Scale Solar Power Plant in Armenia

March 25, 2021

55 MW Masrik-1 Solar Farm will produce enough clean energy to supply more than 20,000 homes and avoid the emission of over 40,000 tons of CO2 annually. The project signed a Power Purchase Agreement (PPA) with Electric Networks of Armenia which will distribute the electricity produced by the plant delivering...

FRV secures Financing for Metz Solar Farm in New South Wales, Australia

December 28, 2020

115 MWac Metz Solar Farm will produce enough clean energy to supply up to 40,000 homes and avoid the emission of approximately 288,000 tons of CO2 annually The project signed a Power Purchase Agreement (PPA) with Snowy Hydro in 2018 and will deliver significant benefits to the New England area...

We obtain Development Approval for 300MWac Walla Walla Solar Farm

December 3, 2020

Walla Walla Solar Farm will introduce a viable new industry to the region and provide up to 250 jobs during its construction. FRV’s total investment in Australia is now over $1 billion since 2012.  FRV Services Australia (FRV), a leading global developer of renewable energy projects, has been granted Development...

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...

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

We believe that our success needs to have a positive impact in those regions where we operate and that education is the best channel to meet this goal, and to improving the future of those communities that embrace our projects

Javier Esquivias

General Deputy Director, Elecnor

They are always a step ahead, and not just in the technical aspect. In addition, they have always been very rigorous and reliable. When they commit to a project, they always go all the way to the end.