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The OCI Energy-Arava Power signing ceremony.

Arava Power acquires half of OCI Energy’s La Salle solar project, currently under construction in Texas

May 14, 2026
Arava Power has acquired 50% of OCI Energy’s La Salle Solar project, a 670MW project that OCI expects to start commercial operations in 2028.
An OCI Energy project.

US PROJECT ROUND-UP: OCI, Arava and Arevon secure finance, MN8 signs PPA with Meta

February 26, 2026
A round-up of several project stories in the US that have been announced this week, including OCI Energy, Arava Power, Arevon Energy and MN8.
Dong Joon Kim, VP of Hyundai Engineering and Sabah Bayatli, President of OCI Energy, following the MOU signing.

OCI Energy sells 260MW ERCOT solar plant to Hyundai Engineering

August 1, 2024
The transaction also sets the stage for both companies to enter into a Memorandum of Understanding for future collaboration on the development of renewable energy.
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