{"id":74701,"date":"2022-11-08T02:10:48","date_gmt":"2022-11-08T02:10:48","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/11\/08\/abdul-latif-jameel-energys-frv-acquires-majority-stake-in-greek-battery-energy-storage-company-wootis-sa\/"},"modified":"2022-11-08T02:10:48","modified_gmt":"2022-11-08T02:10:48","slug":"abdul-latif-jameel-energys-frv-acquires-majority-stake-in-greek-battery-energy-storage-company-wootis-sa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/11\/08\/abdul-latif-jameel-energys-frv-acquires-majority-stake-in-greek-battery-energy-storage-company-wootis-sa\/","title":{"rendered":"Abdul Latif Jameel Energy\u2019s FRV acquires majority stake in Greek battery energy storage company Wootis SA"},"content":{"rendered":"

<\/a> FRV buys majority stake in Greek BESS facility:<\/strong> Spain-headquartered Fotowatio Renewable Ventures (FRV)<\/a> acquired a majority stake in Greek renewables company Wootis SA<\/a>\u2019s 600 MW battery energy storage system (BESS) project, according to a company statement<\/a>. The BESS facility is set to become operational between 4Q 2023 and 2Q 2024, the statement notes. The details of FRV\u2019s investment were not disclosed.<\/p>\n

FRV is on a renewables buying streak: <\/strong>FRV \u2014 a subsidiary of Saudi solar PV developer Abdul Latif Jameel Energy and Environmental Services<\/a>\u2014 acquired two battery energy storage (BESS) projects in the UK with a combined capacity of up to 100 MW last month<\/a>. FRV also has five battery energy storage projects in various stages of construction and development with a combined capacity of 340 MW, a company statement<\/a> notes.<\/p>\n","protected":false},"excerpt":{"rendered":"

FRV buys majority stake in Greek BESS facility: Spain-headquartered Fotowatio Renewable Ventures (FRV) acquired a majority stake in Greek renewables company Wootis SA\u2019s 600 MW battery energy storage system (BESS) project, according to a company statement. The BESS facility is set to become operational between 4Q 2023 and 2Q 2024, the statement notes. The details […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[71],"tags":[70,166,11,314,88],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74701","post","type-post","status-publish","format-standard","hentry","category-around-the-world","tag-around-the-world","tag-bess","tag-enterpriseclimate","tag-greece","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"5b45afcb-96cd-4c3a-9755-6ec8e644be3e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[74688],"teaser":"","voice_url":""},"yoast_head":"\nAbdul Latif Jameel Energy\u2019s FRV acquires majority stake in Greek battery energy storage company Wootis SA - 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\/11\/08\/abdul-latif-jameel-energys-frv-acquires-majority-stake-in-greek-battery-energy-storage-company-wootis-sa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abdul Latif Jameel Energy\u2019s FRV acquires majority stake in Greek battery energy storage company Wootis SA\" \/>\n<meta property=\"og:description\" content=\"FRV buys majority stake in Greek BESS facility: Spain-headquartered Fotowatio Renewable Ventures (FRV) acquired a majority stake in Greek renewables company Wootis SA\u2019s 600 MW battery energy storage system (BESS) project, according to a company statement. 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