FRV-led consortium to build 150MW Australian solar plant

A consortium led by Fotowatio Renewable Ventures won a bid to develop a 150 MW solar plant in Australia.

The tender was launched by the Australian government fow what would be the country's largets solar plant. It will be built near the town of Moree in New South Wales.

Construction of the plant is due to begin in 2012, with electricity produced sold to the country’s National Electricity Market. BP Solar and Pacific Hydro are the other stakeholders in the consortium.

“The Moree Solar Farm is a very exciting project for FRV and provides a platform for FRV to expand in Australia,’ FRV CEO Rafael Benjumea said. “Australia has enormous and largely untapped potential as a major solar power producer so we see our investment in Australia as a long-term commitment.”