SUZHOU, China, November 26, 2024 — GCL System Integration (GCL SI) recently announced a significant advancement in its mass production of high-power TOPCon modules. Measuring 2278*1134mm, its 182-72 format N-type TOPCon modules deliver a 605W front-side power output and a 23.42% module efficiency. TÜV Rheinland, a leading global testing and certification body, has independently verified these results.
GCL SI’s modules outperform comparable market products by 10-15W per unit, highlighting the company’s technological leadership and commitment to photovoltaic innovation.
Strong Performance Despite Market Headwinds
Despite industry challenges and production setbacks impacting competitors, GCL SI has shown remarkable resilience. First-half 2024 results demonstrate a 44.73% year-over-year revenue increase, reaching RMB 8.113 billion, with a net profit attributable to shareholders of RMB 43.33 million.
GCL SI is expanding its N-type TOPCon production capacity. Its flagship 20GW facility in Wuhu, initially at 10GW, reached full-scale production in late 2023, and was subsequently upgraded to 12GW. Furthermore, a new 2GW 210R cell line commenced operations in August 2024. Module production capabilities currently stand at 17.5GW in Hefei and 12GW in Funing, focusing on large-size (182mm and 210mm) modules compatible with TOPCon and BC cell technologies.
Strategic Partnerships and Global Reach
GCL SI’s advanced manufacturing capabilities have secured contracts with major Chinese state-owned energy companies, including China Resources, CNNC, Datang, Xinhua Hydropower, China Huaneng, China Huadian (CHD), and China Green Development Group (CGDG). The company has also seen strong international growth, with substantial GW-level orders from India and other regions, leading to significant export growth. GCL SI maintains its BNEF Tier 1 ranking and has received an upgraded bankability rating from PV Tech. Industry data places GCL SI fourth in contract wins with Chinese state energy enterprises in the first half of the year and eighth in overall module shipments during the first three quarters.
Investing in Innovation
GCL SI prioritizes R&D, with a remarkable 118.61% year-on-year increase in investment during the first half of 2024. The company is advancing technologies such as high-efficiency TOPCon cells, zero-busbar (0BB) technology, polymer-based module frames, and innovative encapsulation techniques. Product diversification is also a key focus, with offerings like GPC Lotus modules, BIPV systems, floating solar solutions, agrivoltaics modules, integrated solar-storage systems, perovskite tandem modules, and transportation solar solutions.
A Sustainable Energy Future
GCL SI’s future strategy remains focused on innovation and strategic partnerships. Leveraging its high-power TOPCon modules, the company aims to deepen international collaborations and broaden its business activities. GCL SI is dedicated to working with global partners to accelerate the global transition to clean energy and create a more sustainable future.
SOURCE GCL SI