Who is GCL solar energy?

The agreement specifies that GCL Group's subsidiary, Kunshan GCL Solar Energy Materials Co., Ltd. (referred to as "GCL Solar Energy"), will build 2 gigawatt-scale perovskite production lines in Kunshan in two phases. At 10:58 in the morning, the groundbreaking ceremony officially commenced.

How efficient are GCL solar modules?

It said in November that its 1 m x 2 m perovskite single-junction modules had reached a power conversion efficiency of 18.04%. GCL Group has signed an investment agreement with the government of Suzhou, Jiangsu province, to build a 2 GW perovskite solar module factory.

When will GCL integration start manufacturing solar panels?

GCL Integration expects to begin manufacturing activities at the new facility in October. With the new factory, its total solar panel manufacturing capacity will reach 30 GW. The company also announced plans to raise CNY 6 billion through a private placement of shares.

Where is GLS-SI building a new solar cell factory?

GLS-Si has invested CNY 8 billion ($1.1 billion) in a new cell factory in Wuhu, China. It said manufacturing activities will start in August. GCL System Integration (GCL-SI), the PV panel unit of GCL Group, is expected to soon finish building its new 20 GW TOPCon solar module factory in Wuhu, in China's Anhui province.

Will GCL build a 2 GW perovskite solar module factory?

GCL Group has signed an investment agreement with the government of Suzhou, Jiangsu province, to build a 2 GW perovskite solar module factory. The project will be implemented in several phases, but the group has yet to provide a time frame.

Who is financing GCL solar energy?

Currently, investment institutions such as Cathay Capital, Kunshan High-tech, Contemporary Amperex Technology (CATL), Tencent, IDG Capital, Sequoia China, and Temasek have participated in multiple rounds of financing for GCL Solar Energy. Data speaks volumes.