{"id":73940,"date":"2022-09-14T02:13:37","date_gmt":"2022-09-14T02:13:37","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/"},"modified":"2022-09-14T02:13:37","modified_gmt":"2022-09-14T02:13:37","slug":"saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/","title":{"rendered":"Saudi-owned renewable project developer says Australian solar farm is fully operational"},"content":{"rendered":"

<\/a> Abdul Latif Jameel Energy\u2019s Aussie solar farm is up and running: <\/strong>The Metz solar farm<\/a> in Australia\u2019s New South Wales \u2014 which is owned by the Australian arm of Saudi-owned renewable energy project developer Fotowatio Renewable Ventures (FRV)<\/a> \u2014 is now running at full capacity, according to an FRV statement published yesterday<\/a>. The farm has an output of 115 MW, which is enough to meet the energy needs of up to 40k households, the company said. Phase one of the facility launched in March<\/a>.<\/p>\n

Background:<\/strong> In 2020 FRV completed the acquisition<\/a> of the solar power project, under which a power purchase agreement was signed in 2018 with Australian electricity generation company Snowy Hydro<\/a>. The project was funded through a green loan provided by Westpac and NORD\/LB, though the statement didn\u2019t disclose how much was invested.<\/p>\n

About FRV: <\/strong>FRV is owned by Saudi Arabia\u2019s Abdul Latif Jameel Energy and Environmental Services<\/a>, a leading solar PV developer. In late-2021, FRV sold a 49% stake<\/a> in its Australian arm to Canadian pension fund Omers Infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"

Abdul Latif Jameel Energy\u2019s Aussie solar farm is up and running: The Metz solar farm in Australia\u2019s New South Wales \u2014 which is owned by the Australian arm of Saudi-owned renewable energy project developer Fotowatio Renewable Ventures (FRV) \u2014 is now running at full capacity, according to an FRV statement published yesterday. The farm has […]<\/p>\n","protected":false},"author":1,"featured_media":73941,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[171],"tags":[515,327,249,11,88,159,94],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-73940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar","tag-abdul-latif-jameel","tag-australia","tag-energy","tag-enterpriseclimate","tag-renewables","tag-saudi-arabia","tag-solar","wpautop","entry"],"acf":{"mongo_id":"8a39e742-0c16-4d3d-8bd1-e8796297e578","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/2381.jpg","photo_position":"above","related_issue":[73937],"teaser":"","voice_url":""},"yoast_head":"\nSaudi-owned renewable project developer says Australian solar farm is fully operational - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi-owned renewable project developer says Australian solar farm is fully operational\" \/>\n<meta property=\"og:description\" content=\"Abdul Latif Jameel Energy\u2019s Aussie solar farm is up and running: The Metz solar farm in Australia\u2019s New South Wales \u2014 which is owned by the Australian arm of Saudi-owned renewable energy project developer Fotowatio Renewable Ventures (FRV) \u2014 is now running at full capacity, according to an FRV statement published yesterday. The farm has […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-14T02:13:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/2381.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi-owned renewable project developer says Australian solar farm is fully operational\",\"datePublished\":\"2022-09-14T02:13:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/\"},\"wordCount\":182,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/2381.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdul Latif Jameel\",\"Australia\",\"energy\",\"EnterpriseClimate\",\"renewables\",\"Saudi Arabia\",\"SOLAR\"],\"articleSection\":[\"SOLAR\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/14\/saudi-owned-renewable-project-developer-says-australian-solar-farm-is-fully-operational\/\",\"name\":\"Saudi-owned renewable project developer says Australian solar farm is fully operational - 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