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.