News

FRV announces Moree Solar Farm opening and confirms future for solar in Australia

March 3, 2017

Global utility-scale solar developer, Fotowatio Renewable Ventures (FRV) officially inaugurated the Moree Solar Farm in Australia, and reaffirmed its commitment to helping develop the solar energy market in the country. The Moree Solar Farm commenced construction operations in February 2015 and 12 months later it started supplying electricity to the...

FRV’s Lilyvale Solar Farm Project Secures Power Purchase Agreement with Ergon Energy

February 7, 2017

Global utility-scale solar developer, Fotowatio Renewable Ventures (FRV), has announced it has signed a Power Purchase Agreement (PPA) with Ergon Energy, the Queensland Government-owned electricity retailer, for the output from its proposed 100 MWAC (125MW DC) Lilyvale Solar Farm project.   The PPA, which will see Ergon Energy purchase 100...

Clare Solar Farm Project in Queensland Gets Funding Go Ahead

January 2, 2017

Global solar developer, Fotowatio Renewable Ventures (FRV) has announced it has reached financial close for its 100 MW AC (125 MW DC) Clare Solar Farm project, with construction expected to start in early 2017. The announcement signals a pioneering agreement in the commercial solar sector, with the Clare Solar Farm...

FRV Celebrates 10th Anniversary as Renewable Energy Leader

December 12, 2016

  Spanish company Fotowatio Renewable Ventures (FRV) celebrates its 10th year in operation as a world leader in the renewable energy sector. Founded in 2006 in Spain, in only ten years FRV has become a world leader of photovoltaic energy and is now operating across five continents. FRV has completed...

FRV Announces New Scholarship Opportunities

December 2, 2016

Fotowatio Renewable Ventures (FRV) today signed a new agreement with the university Instituto de Empresa (IE) , a leading university in Spain to create two scholarship opportunities for students in Jordan.   As part of its commitment to developing communities in which it operates, FRV has partnered with the International...

FRV awarded a 300 MW solar project in Mexico’s second electricity market auction

October 27, 2016

Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants, has been awarded a 300 MW solar project in the second electricity market auction, conducted by the National Energy Control Center (CENACE) of Mexico. With this agreement, FRV extends its global footprint into the Mexican market at...

FRV wins a 135 MWp power purchase agreement in reverse auction under the National Solar Mission program in India

May 31, 2016

Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants, has been awarded a 135 MW power purchase agreement (PPA) in a reverse auction, conducted by Solar Energy Corporation of India Limited (SECI). The auction falls under the National Solar Mission program which was launched by the...

FRV announces second large-scale solar plant power purchase agreement in Australia with Origin

May 13, 2016

Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants, announces the signing of a second power purchase agreement (PPA) with Origin Energy Limited (Origin), covering 100 percent of the electricity output of FRV’s 100MW Clare Solar Farm. The solar farm will be located outside the township...

FRV announces landmark Moree Solar Farm PPA in Australia with Origin Energy

April 5, 2016

Fotowatio Renewable Ventures (‘FRV’), a leading global developer of large-scale solar power plants, has entered into a landmark agreement with Origin Energy Limited (Origin), signing a 15-year power purchase agreement which covers 100 per cent of the output from FRV’s recently commissioned 56 MW Moree Solar Farm. Located in northern...

FRV commences operation of Uruguay’s first utility-scale solar plant, La Jacinta

January 20, 2016

Fotowatio Renewable Ventures B.V. (FRV), a leading global developer of utility-scale photovoltaic (PV) solar power plants, has completed the construction of ‘La Jacinta’ solar plant in Uruguay. The project is the first large-scale solar plant in Uruguay and one of the largest solar PV projects in Latin America. ‘La Jacinta’...

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.

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.

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.