Fotowatio

The European Commission has called for submissions from parties with an interest in a proposed investment in Powen by Brookfield.

Fotowatio Renewable Ventures’ (FRV) Australian platform includes 637 MW (DC) in projects already operational or under construction, and a pipeline comprising 7 GW of solar projects and 1.3 GWh of battery storage.

Sustainable intentions come together in the signing of a green loan to fund ongoing development of FRV’s Sebastopol Solar Farm, which lender ING says contributes towards its ‘ambition to align our lending portfolio with the Paris Agreement goals.’

The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.

According to Spanish financial newspaper Cinco Días, UAE-based Abdul Latif Jameel Energy is trying to sell Spanish developer Fotowatio Renewable Ventures (FRV), which it acquired just four years ago. Although FRV has decided not to comment on the matter, market sources believe that reports of its impending sale could simply be an attempt to gauge investor appetite.

The solar unit of UAE-based Abdul Latif Jameel Energy will build the giant PV plant in the Mexican state of San Luis de Potosí. The facility is expected to start delivering power in 2019.

The project was selected by the Chilean government in November’s renewable energy auction.

The Spanish solar developer has announced that the financing agreement for two solar PV plants in Jordan with a total capacity of 133.4 MW has been finalized. Construction in the Mafraq region is set to commence shortly.