Fotowatio gets 600MW Greek battery platform
- Neighborhood developer Wootis has a portfolio of energy storage projects across the country
Spain-headquartered Fotowatio Renewable Ventures (FRV) has actually acquired a majority interest in a platform to establish 600MW of battery energy storage capacity in Greece.
FRV has acquired a majority interest from Greek designer Wootis to create, construct and also run a portfolio of battery energy storage projects across Greece.
FRV has actually likewise partnered with Wootis to develop the 600MW portfolio of projects.
Bracewell has actually stood for FRV on the purchase, having supported the company on battery storage space investments in the UK.
These include the Contego and Clay Tye projects, each of which are being created in partnership with UK developer Consistency Energy, using Tesla batteries and software program.
" Bracewell is delighted to share in FRV's continuing international development," stated Oliver Irwin, a partner in Bracewell's London office.
" Battery energy storage systems continue to form a fundamental part of the energy transition across Europe.
" Substantial growth in battery storage space projects is anticipated to contribute in the direction of the continent's energy security and net zero targets."
