Group 1 - China Fusion Company has signed a capital increase agreement with several state-owned enterprises and investment funds, resulting in a diversified ownership structure [2] - The investment amounts to approximately 11.492 billion yuan, with a subscription price of 1.0019 yuan per registered capital [2] - Zero One Automotive has completed a 500 million yuan Series A financing round, led by prominent investors including Momenta and Xinghang Venture Capital [3][4] - The funds will be used for mass production of a new generation of autonomous trucks and further development of their self-developed technologies [3] Group 2 - Lingyun Smart Mining has completed a multi-million dollar angel round financing, marking its entry into the "AI + mineral rights operation" phase [4] - The funds will accelerate the acquisition of quality mineral rights in key global mineralization belts and enhance AI technology applications in mineral rights operations [4] - GCL-Poly Solar Materials has completed a nearly 200 million yuan Series C2 financing round to support the industrialization of perovskite products [5] Group 3 - Chengdu has launched its first future industry fund with an initial scale of 112 billion yuan, targeting ten future industry sectors [6] - The Yangtze Special Vehicle Industry Investment Fund has been registered with a total scale of 5 billion yuan, focusing on specialized vehicles and high-end manufacturing [7][8] - The Shanghai Baoshan Zhongying Fuyun Venture Capital Fund has been established with a total scale of 500 million yuan, aiming to enhance technology and finance integration [9] Group 4 - Shenhuo Co., Ltd. is establishing a high-quality industry development fund with a scale of 1.512 billion yuan, focusing on strategic emerging industries [10] - The Yunnan Dianzhong New District Industry Guidance Fund has been established with a scale of 5 billion yuan, focusing on non-listed enterprises [11] - The Jiading District Strategic Emerging Industry Investment Fund has set up its first batch of sub-funds totaling 550 million yuan to support local industrial development [12] Group 5 - A 1 billion yuan biopharmaceutical industry fund has been launched in Fujian Province, targeting innovative drugs and medical devices [12]

Core Insights - GCL-Poly's recent completion of nearly 200 million CNY Series C2 financing led by Xinda Asset and Sequoia Capital highlights the growing interest in perovskite solar technology [1][3] - The company has established the world's first GW-level perovskite tandem module production line, achieving over 29% efficiency for large-sized modules [2] - The funding will be used for equipment upgrades, process optimization, and expanding the global R&D center to support a 10GW production expansion plan by 2026 [3] Investment Rationale - Sequoia Capital emphasizes that perovskite tandem technology is the only viable path to surpassing silicon efficiency limits, with GCL-Poly demonstrating superior yield and cost curves compared to competitors [4] - The synergy within GCL Group's operations in granular silicon and BC cells creates a closed-loop system from materials to modules, making it a compelling investment opportunity [4] Market Context - Recent government initiatives from the Ministry of Industry and Information Technology and the National Energy Administration to promote perovskite industrialization, along with financial support from the Kunshan High-tech Zone, indicate a favorable policy environment [5] - The investment reflects confidence in GCL-Poly's management team and the urgency to capitalize on the rapidly evolving solar technology landscape [5]

Core Viewpoint - Kunshan GCL-Poly Solar Materials Co., Ltd. has recently completed a C2 round financing of nearly 200 million yuan, aimed at advancing the commercialization of perovskite solar cells [1] Group 1: Financing Details - The C2 round financing was jointly invested by Cinda Asset and Sequoia Capital China, along with previous investors such as Golden Stone Investment, Kunshan High-tech Group, and Hanyan Capital [1] - GCL-Poly Solar has received continuous financial advisory support from Light Source Capital [1] Group 2: Use of Funds - The funds from the C2 round will be utilized for the industrialization construction of the gigawatt-level perovskite industrial base and for research and development of perovskite products [1] - The financing will accelerate the mass production process of commercial perovskite solar modules [1] Group 3: Product Development - Full-size perovskite tandem modules (1.15m x 2.4m) that meet commercial application standards will gradually be introduced to the market [1]

Core Viewpoint - Leading photovoltaic glass companies are proactively reducing production to practice industry self-discipline and address "involution" competition, aiming to stabilize market order and adapt supply and demand [1][2] Industry Overview - Global photovoltaic supply-demand mismatch has led to component prices falling below cost, resulting in continued losses for leading companies in 2024. Proactive production cuts are expected to help restore supply-demand balance [1] - Domestic policies promoting the exit of outdated production capacity are expected to support the industry's efforts to adjust supply [1] Strategic Approaches - Photovoltaic companies should focus on technological iteration to build differentiated competitiveness. The rapid evolution of technology is key to breaking the current deadlock, with three main technology routes competing intensely: TOPCon, BC technology, and perovskite tandem technology [1][2] - Companies need to optimize capacity layout, balancing "capacity reduction" with "shortboard supplementation." Expanding production overseas can help avoid trade barriers and capture incremental demand in emerging markets [2] - Deepening industry chain collaboration is essential, transitioning from mere product suppliers to comprehensive energy service providers. Companies can adopt a "vertical integration" model to reduce costs and explore new application scenarios such as "distributed photovoltaics," "photovoltaics + energy storage," and "photovoltaic hydrogen production" [2]

Core Viewpoint - The photovoltaic industry is experiencing a significant technological evolution, with a competitive landscape dominated by TOPCon technology, while BC and HJT technologies are emerging as strong contenders. The future of the industry will be shaped by these technological advancements and their implications for market dynamics and company strategies [2][3]. Group 1: Current Industry Landscape - The current market structure is characterized by a dominant position of TOPCon technology, which holds over 70% market share, while BC and HJT technologies are gaining traction [2]. - Major companies like Jinko, JA Solar, Trina, and Tongwei have launched new products with power ratings exceeding 650W, indicating a push for higher efficiency [2]. - Longi Green Energy's latest HIBC technology has achieved power ratings of over 700W, showcasing the rapid advancements in BC technology [4]. Group 2: Future Projections - Jinko's CTO believes that TOPCon's competitive advantage can be maintained for at least two more years, despite the rising competition from BC technology [3]. - The theoretical efficiency limit for TOPCon technology is estimated at 28.7%, with current efficiencies around 27%, suggesting room for improvement but also highlighting challenges in surpassing this limit [3]. - The industry anticipates that from 2024, TOPCon will fully replace PERC as the mainstream technology, with a significant focus on TOPCon for business operations [8]. Group 3: Emerging Technologies - Perovskite tandem technology is viewed as the next significant innovation in the photovoltaic sector, with companies like Trina leading research efforts and aiming to establish a perovskite battery ecosystem [6][7]. - The market is expected to see a tenfold growth in BC technology over the next 3-5 years, indicating a strong potential for this technology to gain market share [5]. Group 4: Company Strategies and Innovations - Longi Green Energy has expanded its partnerships in the BC technology space, collaborating with 191 global partners to enhance its technological capabilities [5]. - Companies are focusing on reducing the levelized cost of electricity (LCOE) as a critical strategy to enhance competitiveness in the market [10].

Core Insights - The SNEC photovoltaic exhibition showcased significant advancements in perovskite technology, with companies like Trina Solar presenting 800W+ perovskite tandem modules, indicating a shift towards innovative applications in the photovoltaic industry [1][5] - The industry is currently facing a homogenization of technology routes, with TOPCon technology becoming the dominant pathway, having fully replaced PERC since 2024, while HJT and BC technologies serve as supplementary options [2][3] - The over-concentration of production capacity in second-generation technologies like TOPCon, BC, and HJT has led to supply-demand imbalances, resulting in financial losses for many companies [3][4] Industry Trends - The photovoltaic industry is experiencing a shift towards perovskite technology, which offers higher theoretical efficiency (up to 43% when combined with traditional silicon) and lower production costs [4][5] - Trina Solar has achieved a world record with an 841W industrial standard perovskite tandem module, marking a significant step towards the commercialization of this technology [5][6] - The application boundaries of perovskite technology are expanding, moving from energy generation to energy services, with companies like BOE and Polysilicon Energy introducing innovative products for various sectors [7] Competitive Landscape - Major players in the photovoltaic sector are intensifying their focus on perovskite technology, with Trina Solar leading in patent holdings and aiming to establish a pilot production line for perovskite modules [5][6] - The competition is characterized by a race to enhance efficiency and reduce costs, as companies strive to differentiate themselves in a crowded market [3][4] - The emergence of perovskite technology is expected to disrupt traditional competition dynamics, paving the way for high-quality development in the industry [6]

第三届钙钛矿材料与器件产业发展论坛 5月23日-24日 江苏 · 苏州 主办单位 中国科学院 宁波材料技术与工程研究所 光电信息材料与器件实验室 华中科技大学武汉光电国家研究中心 DT新材料 协办单位 苏州大学 武汉九曜光电科技有限公司 大会主席 叶继春 中科院宁波材料所光电信息材料与器件实验室主任，研究员 陈 炜 华中科技大学教授，武汉九曜光电科技有限公司创始人 时间地点 05月23日-24日 江苏 · 苏州 赞助及鸣谢单位 昆山协鑫光电材料有限公司 通威太阳能（成都）有限公司 脉络能源科技有限公司 莱茵检测认证服务（中国）有限公司 苏州尚柔新能源有限公司 正泰新能科技股份有限公司 合肥京东方光能科技有限公司 大正微纳科技有限公司 苏州市鸿正智能科技有限公司 九江市柔烁光电科技有限公司 合作媒体 DT新材料、DT半导体、海洋清洁能源资讯、Carbontech、夯邦、洞见热管理、DT新能源、钙钛矿光 伏前沿、知光谷、钙钛矿材料与器件、钙钛矿坊、钙钛矿太阳能电池之基石搭建、钙钛矿人、钙钛矿材 料与应用、钙钛矿视界、柔性钙钛矿光伏进展、清新电源、钙钛矿与opv薄膜太阳能、钙钛矿电池稳定 性、 晶硅电池学习笔记、 ...

中国科学院 宁波材料技术与工程研究所 光电信息材料与器件实验室 华中科技大学武汉光电国家研究中心 DT新材料 第三届钙钛矿材料与器件产业发展论坛 5月23日-24日 江苏 · 苏州 主办单位 协办单位 苏州大学 武汉九曜光电科技有限公司 大会主席 叶继春 中科院宁波材料所光电信息材料与器件实验室主任，研究员 陈 炜 华中科技大学教授，武汉九曜光电科技有限公司创始人 时间地点 05月23日-24日 江苏 · 苏州 赞助及鸣谢单位 昆山协鑫光电材料有限公司 通威太阳能（成都）有限公司 脉络能源科技有限公司 莱茵检测认证服务（中国）有限公司 隆基绿能科技股份有限公司 合肥京东方光能科技有限公司 苏州尚柔新能源有限公司 正泰新能科技股份有限公司 大正微纳科技有限公司 合作媒体 DT新材料、DT半导体、海洋清洁能源资讯、Carbontech、夯邦、洞见热管理、DT新能源、钙钛矿光 伏前沿、知光谷、钙钛矿材料与器件、钙钛矿坊、钙钛矿太阳能电池之基石搭建、钙钛矿人、钙钛矿材 料与应用、钙钛矿视界、柔性钙钛矿光伏进展、清新电源、钙钛矿与opv薄膜太阳能、钙钛矿电池稳定 性 报告嘉宾情况 （排名不分先后，更多重磅嘉宾即将揭晓） ...

C轮融资将被用于协鑫光电昆山新总部的全球最大尺寸吉瓦级钙钛矿叠层产线建设，该 产线预计将于2 0 2 5年投产，首块大尺寸钙钛矿叠层组件下线在即。届时，协鑫光电将推 出全球首款光电转换效率超过27%并且满足光伏行业规格的1 . 2米×2 . 4米钙钛矿叠层组 件，为早日实现"双碳"战略目标、构建新型能源体系贡献协鑫力量。 成立于201 0年，协鑫光电是行业中潜心攻关钙钛矿技术难题并正式进入商业化运营的成 功典范之一。过去十余年，协鑫光电致力于推动我国新能源光伏新能源材料技术革命， 一直专注于钙钛矿的技术研发及产业化，通过自主研发钙钛矿全材料配方体系、定制化 改良工艺以及与产业链高度协作，公司目前已成为全球钙钛矿产业化的头部企业，保持 着2㎡叠层组件稳态转化效率26.36%的世界记录，是目前全球范围行业内，面积最大、 转化效率最高的商用尺寸组件。 钙钛矿材料被国家列为"十四五"能源新材料的"国之重器"，是近年来太阳能发电领域转 型升级的研究焦点，而钙钛矿材料当前主要的应用方向就是钙钛矿太阳能电池。作为一 种新型的光伏技术，因其具有转换效率高、成本低、制备工艺简单等优势，被业内普遍 认为是下一代太阳能电池的强有力 ...