Business

FRV Forays Into German Market

Meena Nair
  • FRV sets up its first office in Munich, Germany
  • The company plans to develop 2 GW of PV projects, renewable installations, and BESS
  • FRV will be using latest technologies to provide comprehensive renewable energy solutions

Renewable energy solutions company, Fotowatio Renwable Ventures (FRV), recently announced that it has opened its first office in Munich, Germany. With this entry into the German market, the company eyes to develop about 2 GW of PV projects, renewable installations, and Battery Energy Storage Systems (BESS).

Expressing delight at this entry, Managing Director FRV Germany, Andreas Pfeifer said, "We are very pleased to now be able to offer our international experience and expertise in the dynamic German market. Germany is one of the most important markets for renewable energy and we are convinced that our offer will be in high demand from organizations and companies, such as those in the agricultural sector."

Seconding his view, Chief Business Development Officer Tristán Higuero said, "By starting our operations in Germany, we aim to contribute to the energy transition and provide 2GW within the next four years for 790.000 households, which means a CO2 emission reduction of 948.000 tons per year."

The services that FRV provides span across comprehensive renewable energy solutions, including design, rooftop installations and large-scale battery storage systems, construction and operation of solar farms. The company also offers its customers high-quality, reliable, and cost-effective solutions in the field of photovoltaics by using the latest technologies.