FRV will provide Amazon with renewable energy: Abdul Latif Jameel-backed Fotowatio Renewable Ventures (FRV) have agreed to power Amazon’s operations with renewable energy from Spanish solar farms, according to a statement released on Tuesday. No financial details on the agreement were disclosed nor a timeline for when the agreement will be activated.

The details: FRV will power Amazon's operations with renewable energy from five solar projects in Spain. One of the farms is already operational and the remaining four are expected to operate in 2024, with an expected generation capacity of over 1.5 TWh. “This strategic collaboration with Amazon will enable us to continue contributing to the decarbonization of the electricity sector,” said Managing Director of FRV Iberia Fernando Salinas in the statement.

FRV has had a busy year: FRV has expanded its renewables operations massively this year. The company secured three new solar parks in New Zealand in a JV with Canadian asset management company Omers last month. FRV Australia and Genesis also agreed to acquire the 52 MW Lauriston solar farm earlier this year. The company also reached financial close on two battery energy storage (BESS) facilities in the UK with a combined power output of 133 MW in March.