China’s GCL investing US$98 million in next-generation solar technology to revive sector

Quick Summary:

Hong Kong-listed firm aims to complete the first phase of a 500MW solar module plant that combines perovskite and crystalline silicon cells by mid-2025.

GCL and Longi are among over 30 firms in China, South Korea, Germany and Japan that are working on commercialising the technology, according to Charles Yeung Man-chung, the chief financial officer at GCL Technology.

GCL’s perovskite-silicon product has passed efficiency stability tests by certification provider TUV Rheinland, based on the same parameters as crystalline silicon products, he said.

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Article Details

Author / Journalist: Eric Ng

Category: Business

Markets: Hong KongChinaGermanyJapanSouth Korea

Topics: Silicon Crystalline Cent Perovskite Solar Industry Line Efficiency Technology Perovskite-silicon Production

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 10:00:14 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 722 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21963545

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