Polysilicon producer OCI Enterprises, A North American subsidiary of South Korea-based OCI Company has sold its 73% limited partner interest in OCI Resources along with 2% general partner interest and distribution rights to Turkey-based conglomerate Ciner Enterprises for around US$430 million.
France-based renewable energy company Tenergie has successfully refinanced its 54.4MW of solar assets for €150 million (US$166 million) with a bank syndicate led by Credit Agricole Group.
Canadian Solar, one of the six members of the Silicon Module Super League (SMSL), has completed a further four small PV power plants in Japan, totalling 8.6MWp.
Super Solar Energy group, a wholly-owned subsidiary of Thai utility Superblock PCL, will acquire five solar companies, according to a filing on the Thailand Stock Exchange.
India-based PV developer Welspun Renewables has received a new round of funding totalling US$617 million to develop wind and solar PV power plants in India.
Major renewable energy firm, SunEdison, has terminated its previously announced acquisition of Latin America Power (LAP), which was to include a 613MW portfolio of solar, wind and hydro projects in Chile.
The viability of PV projects coming out of the three latest state solar auctions in India is “quite low”, according to an initial examination from consultancy firm Bridge to India, but industry opinions differ over the quality of project returns.
