Royal DSM to Sell Solar Coating Business in a €1.6 Billion Deal

Royal DSM to Sell Solar Coating Business in a €1.6 Billion Deal

Royal DSM, a  Netherlands-based multinational corporation, has decided to sell its Resins & Functional Materials and associated business for an equity value of €1.6 billion (~$ 1.87 billion). The deal ...
/ / Finance and M&A, Solar
L&T Sells its Electrical and Automation Business to Schneider Electric

L&T Sells its Electrical and Automation Business to Schneider Electric

Larsen & Turbo (L&T) announced that it divested its electrical and automation (E&A) business to European energy and automation company Schneider Electric. Schneider Electric will own a 65% stake in ...
Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East

Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East

Building Energy, an Italian renewable company, in partnership with Inspired Evolution, has successfully closed the buy-out of its African and Middle East business and launched Red Rocket, an independent power producer ...
Emami Group Sells its Solar Segment to Brookfield Asset Management

Emami Group Sells its Solar Segment to Brookfield Asset Management

The Emami Group, a Kolkata-based conglomerate, has sold its solar power business to Canadian Investment Company, Brookfield Asset Management, through a 100% stake sale. While the company confirmed the development ...
ReneSola Signs $100 Million Investment Deal to Ramp Up its Solar Module Manufacturing

ReneSola Signs $100 Million Investment Deal to Ramp Up its Solar Module Manufacturing

ReneSola Ltd, a solar module manufacturer, has announced that it has signed a $100 million strategic investment agreement with the Zhongnan Industry, a subsidiary of Zhongnan Holding Group. Both of ...
/ / Finance and M&A, Other
LONGi Solar to Acquire a Chinese Solar Cell & Module Manufacturer for $253 Million

LONGi Solar to Acquire a Chinese Solar Cell & Module Manufacturer for $253 Million

LONGi Solar, a Chinese manufacturer of high-efficiency mono-crystalline solar cells and modules, has announced a framework agreement to acquire solar cell and module manufacturer Ningbo Jiangbei Yize New Technology for ...