Fotowatio Renewable Ventures enters German market with 2GW solar, energy storage target

By Will Norman

Renewables developer Fotowatio Renewable Ventures (FRV) has declared its entry into the German market, opening its first German office in Munich in December and expressing the intention to develop 2GW of solar and energy storage assets in the next four years.

The Spanish company said that its initial base in Munich will lead the way for more regional rollouts, as it looks to develop utility-scale and rooftop solar projects and energy storage systems across Germany.

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Managing director Andreas Pfeifer said: “Germany is one of the most important markets for renewable energy and we are convinced that our offer will be in high demand from organisations and companies, such as those in the agricultural sector.”

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