Fotowatio Renewable Ventures (FRV) has closed financing and began construction on the 30 MW Webberville Solar project in Austin, Texas. It is scheduled to be operational by the end of 2011.
The project will use crystalline 270 W photovoltaic modules that FRV procured from TrinaSolar. The solar panels will be mounted on a flat, single-axis tracking system.
FRV chose Renewable Energy Systems Americas Inc. to construct the project and provide operations and maintenance services for five years. Austin Energy signed a 25-year power purchase agreement with the project.
FRV has partnered with Bayerische Landesbank, which has fully underwritten the construction debt for the project.
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