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Home - Solar Industry - Fotowatio Renewable Ventures deploys 300 MW of solar power in Australia
Solar Industry

Fotowatio Renewable Ventures deploys 300 MW of solar power in Australia

solarenergyBy solarenergyNovember 26, 2024No Comments2 Mins Read
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Fotowatio Renewable Ventures (FRV) says its 300MW Walla Walla Solar Farm in New South Wales, one of the Australian state’s largest solar projects, has started generating power. The milestone comes less than two years after FRV Australia reached financial close on the development.

November 26, 2024
David Caroll

By pv magazine Australia

Fotowatio Renewable Ventures Australia has said the Walla Walla Solar Farm near Albury, New South Wales, has generated its first kilowatt-hour of clean energy. The 300 MW project marks an important milestone for the developer.

CEO Carlo Frigerio said the solar project, backed by a Power purchase agreement of 15 years (PPA) with Microsoft, will contribute significantly to meeting New South Wales’ renewable energy targets once fully operational.

“The first kilowatt-hour from Walla Walla Solar Farm reinforces our commitment to delivering impactful renewable energy projects,” he said. “This achievement not only supports Australia’s renewable energy goals, but also strengthens our position as a key player in the sector.”

Frigerio said FRV’s portfolio in Australia now exceeds 1 GW of assets, strengthening its position as a leader in renewable energy.

Walla Walla Solar Farm’s milestone follows recent developments for FRV, including financial close for the 100 MW/200 MWh Terang battery project in Victoria.

FRV, owned by Abdul Latif Jameel Energy and Canadian pension fund OMERS, also secured AUD 1.2 billion refinancing earlier this year for its Australian projects, including eight solar farms in New South Wales, Queensland and Victoria.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

See also  In the US, saving money is the main reason to embrace solar energy

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