Kunshan GCL Optoelectronic Material Co., Ltd

Based in Kunshan, China, and established in 2019, Kunshan GCL Optoelectronic Material Co. , Ltd previous known as Xiexin Photoelectric, is a new material company that focuses on R&D and manufacturing perovskite solar power components. The company's founder is Dr. Xin Xie who established Xiamen Weihua Solar Co.

Ltd that was constructed mass production lines of perovskite solar battery components with 10 MegaWatt (MW) in 2010 and then joined the GCL-Poly Solar Power System Integration(Taicang)Co. , Ltd in 2016. The company started to establish a mass production line of perovskite solar power components with 100 MW in 2020, performed trial production in 2021, and formal production by the middle of 2022. Besides, the company has 43 patents, including 14 invention patents.

In December 2024, the firm raised CNY 500 million in series C funding. The company can mass-produce perovskite solar power battery components. The component's size can reach 1 meter wide and 2 meters long, and convert efficiency can reach 18%. The company's parents' company can mass-produce 0.

45 meters wide and 0. 65 meters long perovskite solar power battery components that convert efficiency can reach 15%. The company raised a series B+ funding in December 2022, this round of financing will be used to improve the process and equipment development of GCL's 100MW large-size chalcogenide module production line. The company’s revenue is generated by providing perovskite solar panels.

In July 2025, Kunshan GCL Optoelectronic Material Co. , Ltd raised nearly CNY 200 million of Series C2 from new investors SAIF Partners and Xinda Hanshi Capital.