PVTIME – GCL System Integration Technology Co. Ltd (hereinafter referred to as GCL S.I.) (002506.SZ), a part of the GOLDEN CONCORD Group (GCL) and an international energy conglomerate specializing in clean and sustainable energy, issued an announcement on changing its usage of raised funds on January 1st, 2022.
According to the announcement, GCL S.I. intends to change part of the usage of raised funds for the “large-size regenerated wafer semiconductor project”, of which 50 million yuan will be used to invest in the construction of the “Hefei GCL Integrated 15GW Photovoltaic Module” project, and the implementation subject is still Hefei GCL Integrated New Energy Technology Co., Ltd. The remaining part will be invested in the construction of “Leshan GCL Integrated 10GW High-efficiency TOPCon PV Cell Production Base (5GW, Phase I)” project, and the implementation subject is Leshan GCL Integrated Technology Co., Ltd.
As vigorous development of the photovoltaic industry, GCL S.I. plans to focus on the investment in the Hefei large-scale module project and the Leshan GCL integrated high-efficiency TOPCon PV cell project. It is estimated that by the end of 2022, the GCL S.I. will have a production capacity of over 20GW of large-size modules.
