FRV secures loan from ING for Sebastopol solar project in New South Wales

Fotowatio Renewable Ventures (FRV) has been granted a green loan from Dutch lender ING for the construction of the 109 MWp Sebastopol solar project located in Riverina in New South Wales. 

FRV, a part of Abdul Latif Jameel Energy of Saudi Arabia, has secured the project from the German solar developer Ib vogt GmbH and has signed a power purchase deal with Snowy Hydro Ltd. 

The solar project will be built in an area near the town of Temora. It has an integrated battery storage system to support the project.