On May 13th, the first phase of the photovoltaic energy storage equipment production project with a total investment of Yuan 570 million by Kunshan GCL Optoelectronic Material Co., Ltd. officially began construction. The project is undertaken by Kunshan High-Tech Group, which is responsible for the customized construction of a high standard factory area for the 1 GW production project of perovskite photovoltaic modules for enterprises. The project will be completed in two phases, with the first phase covering an area of 120,000 square meters, including three modern factories and one office building. It is expected to be completed in 2024 and officially delivered in March 2025.
