Fotowatio Renewable Ventures

Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028

The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […]

Read more

Spain’s Fotowatio Renewable Ventures Acquires Majority Stake in 600 MW Greek BESS

Sustainable energy solutions developer, Fotowatio Renewable Ventures (FRV), as part of Abdul Latif Jameel Energy, has announced the acquisition of a majority stake in a 600 MW battery electricity storage systems (BESS) project from Wootis SA in Greece. The battery storage is divided into several facilities spread across Greece. Madrid-headquartered FRV said in its official […]

Read more

OMERS Private Equity Buys Stake In Solar O&M Company NovaSource

A minority share in the solar operations and maintenance (O&M) company NovaSource Power Services with headquarters in Arizona has been bought by OMERS Private Equity, a division of the Ontario-focused pension fund OMERS. With more than 20GW of solar and storage assets under management, including residential, commercial, industrial, and utility-scale power facilities spanning North America, […]

Read more

JA Solar Supplies 134MW PERC Double-Glass Modules in Jordan

Chinese high-efficiency photovoltaic (PV) products maker, JA Solar has supplied an aggregate 134 MW of its PERC double-glass solar modules to a renewable energy project developer, Fotowatio Renewable Ventures (FRV), in Jordan. These modules were supplied for two solar projects, i.e. 67MW dc Mafraq I solar plant and 67MW dc Empire solar plant, which are […]

Read more

Fotowatio to Withdraw from Solar Project in India

Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […]

Read more

Origin Energy inks deal with Moree Solar Farm to buy solar power output

Origin Energy has signed an agreement to purchase electricity for 15 years from Moree solar farm in New South Wales. Origin Energy is touting the 15-year power purchase agreement (ppa) as a “landmark”. It is the first agreement that company has struck with a large scale solar facility. Under the agreement the utility will purchase […]

Read more