
China solar cell manufacturer raises $72m

Temasek Holdings, Sequoia Capital China, and IDG Capital have led a CNY500m (USD 72m) Series B investment in Chinese solar cell manufacturer GCL Photoelectric Materials.
Longwater Investment participated. Hong Kong-listed GCL Tech, which incubated GCL Photoelectric in 2019, re-upped. GCL Photoelectric uses perovskite as the primary material for its solar cells rather...
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