FRV Australia Commits to 210MWdc New Zealand Solar PV Plant
Fotowatio Renewable Ventures (FRV) Australia has announced the development of a 210MWdc solar project in New Zealand's Rangitikei District.
The Rangitikei solar project, located on New Zealand's North Island, is FRV Australia's largest announced development in the country to date.
The announcement coincides with the conclusion of FRV's joint venture with Genesis Energy, which had facilitated FRV Australia's entry into the New Zealand market.
The original joint venture, established in late 2021, aimed to develop up to 500MW of solar capacity across New Zealand over five years.
FRV Australia will proceed with the Rangitikei project independently, as the developer of sustainable energy solutions owned by Saudi Arabia's Jameel Energy and the Canadian infrastructure fund OMERS.
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Author's summary: FRV Australia develops 210MWdc solar project in New Zealand.
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