Fotowatio Renewable Ventures, a leading developer of sustainable energy solutions, and part of Saudi-based Abdul Latif Jameel Energy, has announced the acquisition of two battery energy storage projects located in the Midlands.
RIYADH: Saudi-based Abdul Latif Jameel Energy’s renewable business Fotowatio Renewable Ventures, known as FRV-X, has announced the investment of $9.7 million in solar-as-a-service provider ecoligo as the firm continues playing its part to drive the global transition towards renewable energy. According to a press release, Berlin-based ecoligo has been implementing projects
Saudi-based Abdul Latif Jameel Energy has announced FRV-X, the innovation and venturing division of global renewable energy business Fotowatio Renewable Ventures (FRV), has invested $9.7 million in ecoligo, a Berlin-based firm.
Abdul Latif Jameel Energy has announced through FRV-X, the innovation and venturing division of global renewable energy business Fotowatio Renewable Ventures (FRV), a US$9.7 million investment in ecoligo, a Berlin-based company that is supporting the energy transition in the global south.
Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, is tying up with Tyler Hill Partners, a renewable energy firm, to generate up to 1GW/2GWh over the next five years at an investment of GBP1 billion ($1.12 billion).