Debt-ladenChinesesolarprojectdeveloperGCLNewEnergyhasbeenforcedtodelaythereleaseofdetailsrelatingtoashareholdervoteonthesaleofa294MWportfolioinitshomeland.TheHongKong-listeddeveloperhopestosellsevenofitsChineseprojectcompanysubsidiariestotwofundsownedbytheHongKongdivisionofChinesestate-ownedelectricutilityChinaHuaneng.TheproposedsalewouldgenerateanetRMB1.08billion(US$155million)forGCLNewEnergyandremoveRMB2.66billionofliabilitiesfromitshugedebtpile.PopularcontentMainlandpowercompanyChinaHuanenginNovemberwalkedawayfromaproposedbail-outthatwouldhaveseenitacquire51%ofGCLNewEnergy