NanJing Sanchao Advanced Materials Co Ltd

Investment and financing in the perovskite photovoltaic sector has exceeded 5 billion yuan this year, with space photovoltaics emerging as a new scenario attracting capital. According to incomplete statistics by 21st Century Business Herald reporters, 10 unlisted perovskite companies announced new financing this year, totaling more than 1 billion yuan; 4 A-share companies announced investments in perovskite tandem cell projects, with a cumulative amount exceeding 4 billion yuan. GCL Photoelectric announced on August 3 the completion of a D1 round of financing exceeding 100 million yuan, led by Jinxin Capital, with Sequoia China, Suzhou Asset Management, and Xiang'an Venture Capital participating. Dazheng Micro-Nano completed a B round of financing in July, with Fujian Investment Group as the investor. LONGi Green Energy plans to invest about 203 million yuan to build a 100MW high-efficiency crystalline silicon/perovskite tandem cell pilot production line. JA Solar plans to invest 210 million yuan to transform one 72-cell module production line into a perovskite tandem module production line. Maxwell Technologies plans to invest about 3.5 billion yuan to build a perovskite tandem cell complete equipment project. Sansi New Materials will spend 240 million yuan to build a perovskite tandem cell technology research and development experimental base. Industry insiders believe that perovskite cells' potential for thinning, large-area production, and significant cost reduction is highly suited to space photovoltaics and commercial aerospace scenarios, and is expected to become the core technology route for space photovoltaics in the long term.