Frv has announced that its royalla solar farm project south of canberra achieved financial close on august 30 2013.
Frv royalla solar farm.
Frv has announced that its royalla solar farm project south of canberra achieved financial close on august 30 2013 the project is being financed using both equity and a syndicated non recourse project finance agreement with anz and national australia bank this important milestone follows the announcement in september 2012 by.
Fotowatio renewable ventures frv a leading global developer of large scale solar power plants today announced the sale of 100 of its equity interest in the iconic royalla solar farm a 20 mw ac photovoltaic solar plant in the australian capital territory act to dif an independent fund management company.
Located south of canberra the royalla solar farm has an installed capacity of 24 megawatts mwdc and will generate enough energy to power nearly 4 500.
The act s solar auction has proved to be a simple and effective way of attracting large solar projects to the territory.
A renewable and sustainable approach to energy generation can no longer be seen as an alternative solution it is the only solution.
The royalla pv plant was the first solar installation built by acciona in australia acting as a contractor for the development company frv.
The royalla solar farm was commissioned in late august 2014 and officially opened by the minister on 3 september 2014.
Royalla solar farm act photovoltaic plant royalla australian capital territory australia.
Royalla solar farm act photovoltaic plant royalla australian capital territory australia.
Frv a global solar development company with a 3 gigawatt gw development portfolio in emerging solar markets begins operation of its first large scale solar project in australia today.
Frv is a global renewable energy solutions provider and leading solar developer.
The farm can generate clean energy equivalent to the consumption of around 4 500 homes in the area avoiding the emission of some 37 000 metric tons of co2 from coal fired power stations per year.
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With a strong presence in australia frv has a portfolio of successful solar projects currently operating and under development across the country.
Frv tucson solar photovoltaic plant marana az usa.
Frv s current portfolio of solar farms in australia is shown below.