Kunshan GCL Optoelectronic Material, a perovskite optoelectronic technology company under GCL Technology Holdings, has recently completed the C1 round of financing led by Goldstone Investment, involving nearly RMB500 million (around USD$68,850,000).
This round of financing introduced institutions such as Kunshan High-Tech Group and HongShan to participate in the investment, and the proceeds will be used to build Kunshan GCL Optoelectronic Material's Kunshan gigawatt perovskite Ore stacked production line, which is expected to be put into operation in 2025.
In March 2024, GCL (via its new subsidiary Kunshan GCL Photoelectric Materials) achieved a photoelectric conversion efficiency of 19.04% on a 1,000mm x 2,000mm single-junction perovskite solar module. The result was reportedly officially tested by the China National Institute of Metrology to confirm the results. In May 2024, it was reported that Kunshan GCL Optoelectronic Material launched the first phase of a photovoltaic energy storage equipment production project.
