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.
Australian utility Snowy Hydro has contracted eight wind and solar projects totalling 888MW in capacity across New South Wales and Victoria to reduce its exposure to high wholesale power prices, due to its current inability to supply power to all its customers via its own power generation.
