oci energy

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.

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.

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.