The royalla pv plant was the first solar installation built by acciona in australia acting as a contractor for the development company frv.
Frv royalla solar farm.
The project is being financed using both equity and a syndicated non recourse project finance agreement with anz and national australia bank.
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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The royalla solar farm was commissioned in late august 2014 and officially opened by the minister on 3 september 2014.
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.
Royalla solar farm act photovoltaic plant royalla australian capital territory australia.
Frv a global renewable energy solutions provider and leading solar developer is currently constructing the 85 mw ac winton solar farm project near benalla in victoria.
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.
Frv s current portfolio of solar farms in australia is shown below.
Royalla solar farm act photovoltaic plant royalla australian capital territory australia.
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.
With a strong presence in australia frv has a portfolio of successful solar projects currently operating and under development across the country.
Frv is a global renewable energy solutions provider and leading solar developer.
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In early 2016 dif announced the acquisition of 100 of royalla solar farm from frv.
