3800.HK GCL Technology Holdings Ltd

GCL Technology, one of China's largest solar panel materials producers, will invest 700 million yuan (US$98 million) to transition to a more lucrative next-generation technology, as the industry grapples with losses and oversupply. The Hong Kong-listed company aims to complete by the middle of next year the first phase of a 500 megawatt (MW) plant in Kunshan, a city in eastern Jiangsu province near Shanghai, for solar modules that combine cells stacked with perovskite and crystalline silicon, sa

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