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.
Support from Bancomext and World Bank’s IFC will help Fotowatio take Potrero Solar project to finish line, with operational launch scheduled in mid-2020.
Solarpack to buy 43MW of Peru solar projects, Ichigo and Softbank bring Japanese solar plants into operation, Armenian government grants VAT adjournment for imports on 55MW solar plant.
Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has started commercial operations at the 66.7MW Al Safawi solar plant in northern Jordan, its third PV project in the country.
