---
title: Financing For 100 Megawatts Solar Farm Is A Go for FVR
description: Even without grant funding, financing for the 100-megawatt solar farm was granted to Fotowatio Renewable Ventures for the Lilyvale Solar Farm. The financing was agreed with Australia and New Zealand Banking Group (ANZ), Sumitomo Mitsui Banking Corporation (SMBC) and the bank of Tokyo-Mitsubishi UFJ as reported by PV-Tech. The solar project will require 1 million […]
---

[Solar Trust Centre | Solar and Renewable Energy News ](https://www.solartrustcentre.com/blog)

# [Financing For 100 Megawatts Solar Farm Is A Go for FVR](https://www.solartrustcentre.com/blog/financing-100-megawatts-solar-farm-go-fvr)

 Written by [Solar Trust Centre Team](https://www.solartrustcentre.com/blog/author/solar-trust-centre-team) | Oct 3, 2017 10:45:13 AM

Even without grant funding, financing for the 100-megawatt solar farm was granted to Fotowatio Renewable Ventures for the Lilyvale Solar Farm. The financing was agreed with Australia and New Zealand Banking Group (ANZ), Sumitomo Mitsui Banking Corporation (SMBC) and the bank of Tokyo-Mitsubishi UFJ [as reported by PV-Tech](https://www.pv-tech.org/news/frv-bags-financing-for-100mw-australian-solar-farm-without-grant-funding).

The solar project will require 1 million solar modules and will be connected to the national grid. Once completed, the solar farm will generate enough power to generate 45,000 homes in Queensland. Operation is expected to start in 2018.

FVR’s other renewable projects are:

- Royalla with 20 megawatts located in the ACT
- Moree with 56 megawatts in New South Wales
- Clare with 100 megawatts is still being built in Northern Queensland

[Click here to read the full story on PV-Tech](https://www.pv-tech.org/news/frv-bags-financing-for-100mw-australian-solar-farm-without-grant-funding)

[View full post](https://www.solartrustcentre.com/blog/financing-100-megawatts-solar-farm-go-fvr)

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