Renewables developer Fotowatio Renewable Ventures (FRV) has declared its entry into the German market, opening its first German office in Munich in December and expressing the intention to develop 2GW of solar and energy storage assets in the next four years.
Despite an initial selection of 15 bidders, Chile’s latest power auction awarded only two companies contracts, with 777GWh of solar PV co-located with energy storage and wind secured.
Australian energy software company Evergen has closed a AU$15 million (US$10.4 million) series B funding round, its largest capital investment to date.
Canadian pension investor OMERS Infrastructure has acquired a 49% interest in the Australian renewable energy platform of utility-scale solar developer Fotowatio Renewable Ventures (FRV).
As energy markets continue to adapt and grow, energy arbitrage could overtake frequency markets as a key revenue stream for many co-located solar plus storage projects.
Utility-scale PV developer Fotowatio Renewable Ventures (FRV) has signed off on a power purchase agreement (PPA) with Snowy Hydro, one of Australia’s main electricity generation and retailing companies.
The US$180 million twin projects were awarded in the second round of Jordan's solar programme in 2015 and will help Arab nation hit 10%-by-2020 clean energy goal.
