Abdul Latif Jameel Energy’s FRV enters the German market with plans to provide almost 800,000 homes with clean energy
- FRV’s German office is located in Munich.
- FRV brings more than 15 years of experience in building and operating renewable energy solutions around the world.
- FRV plans to develop 2GW of photovoltaic projects in Germany within the next four years, providing around 790,000 households with clean energy.
Fotowatio Renewable Ventures (FRV), a leading developer of sustainable energy solutions, and part of Abdul Latif Jameel Energy, announced its entry into the German market with an intention to develop two gigawatt (GW) of photovoltaic (PV) projects, Battery Energy Storage Systems (BESS), and renewable installations, in the next four years.
FRV’s German office is located in Munich. From there, operational business will be managed, and the opening of further regional locations will be driven forward.
Andreas Pfeifer, Managing Director, FRV Germany said: “We are very pleased to be able to offer our international experience and expertise in the dynamic German market. Germany is one of the most important markets for renewable energy and we are convinced that our offer will be in high demand from organizations and companies, such as those in the agricultural sector.”
Tristán Higuero, FRV Chief Business Development Officer said: “By starting our operations in Germany, we aim to contribute to the energy transition and provide 2GW of PV projects within the next four years, providing around 790,000 households with clean energy, which means a CO2 emission reduction of 948,000 tons per year.”
The future projects of FRV Germany will make a substantial contribution to securing the country’s energy supply. To this end, FRV will not only use its know-how in the construction and management of large-scale solar plants, but also its expertise in innovative battery solutions that can store de-centrally produced energy in the event of an energy surplus. With its comprehensive offering, FRV positions itself as a long-standing and trusted partner for customers in Germany.