Expertise

Leading the transformation of the power industry

Our vision is to become one of the world’s preferred green utility/energy platforms, building a more sustainable future through renewable energy solutions that truly improve the lives of people, bringing new opportunities through universal access to clean, efficient and cost-competitive energy.

We are strengthening our commitment with investment in infrastructure and innovation, exploring new technologies, new business models and even newer ways of thinking with our specialist team FRV-X, to create breakthrough solutions along the ‘New Energy’ value chain.

This strategic ambition will be rapidly realized through revenue generation from our own projects, shareholder contributions and the rotation of assets through minority stake sales and pipeline sales to further accelerate the growth of our ambitious vision and the concrete and timely execution of our business plan.

During the next 4 years, FRV plans to invest more than US $1.5 billion in assets to double the total installed capacity of our projects worldwide, growing from 2 GW at the beginning of 2021 to 4 GW by 2024.

While we continue our involvement across the activities of our large-scale solar PV and wind projects across the world, we are expanding our focus to encompass all  ‘clean power solutions’ and vertically expanding our activities by increasing commercial focus to end customers.

We get involved in all phases of the projects’ value chain

  • FRV controls directly or through contracts
  • FRV outsources to outstanding partners
Technology
Development
Financing
Equipment Supply
Construction
Commercial Task Force
Long-Term Equity Solution
O&M
Asset Management
R&D

Our main technologies

While we are constantly looking for new opportunities, new markets and new solutions to improve our business, our projects today are primarily focused in three main technology areas

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Solar

As a global pioneer in the development of solar energy projects, this area is one of our strengths. We work on large-scale PV projects with a wide portfolio all over the world.

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Wind

We assess and analyze locations in those areas where we have solar activity for the development of wind and hybrid solar-wind energy projects to capitalize on our in-depth knowledge working across various markets around the world.

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Energy Storage

Finding solutions that improve stored energy management is one of the keys for the sector and we have professionals strictly dedicated to this goal.