GCL System Awarded Patent for Shingled Solar Modules in Australia

SUZHOU,China,April 29,2019 -- GCL System Integration Technology Co. Ltd (GCLSystem),a world's leading one-stop intelligent and integrated energy system provider,announced it had been awarded a patent for its shingled cell modules from IPAustralia (Patent No. 2016393430),further enhancing its patent portfolio. The granted patents in both Australia and China,meanwhile a patent-applying status in the US and Japan,is expected to help GCLSystem further establish a presence in the world's high-end markets. Industry watchers will be able to catch the GCLSI shingled cell modules and cast mono modules at Intersolar in May.

Shingled cell technology refers to a mainstream manufacturing process of high-density modules used within the photovoltaic industry. Use of shingled cell designs has drawn considerable attention from stakeholders for its efficiency,higher efficiency and higher power output and comparably lower balance-of-system (BOS) costs. Industry insiders estimate that if the adoption of shingled cell technology and the incorporation of SE-PERC high-efficiency cellscontinues to further increase this year,the shingled module power of 60-type can be expected to increase to 340-350W. When compared to 270W modules popularized in 2017,this represents an increase in power output of 80W in just two years.

The key point of shingling technology is to revolutionize the module-level technology of high-efficiency modules,which has resulted in an influx of investment by PV companies into the research and development of large-scale manufacturing of shingled cellmodules.Increased shingled module production capacity has led to higher application rates and widespread industry acceptance of the modules in several major high-end markets,including Europe and Japan.

Shingled modules is typically used in high-efficiency application scenarios. Projects currently using shingled cell modules include the Top RunnerProgram and theTechnology Top RunnerProgram,two programs under the aegis of China's National Energy Administration (NEA) supplied by GCL. The aesthetic design of the shingled modulesalso makes them ideal for use in distributedresidential rooftop.

With continuous technological breakthroughs,GCL SIexpects to improve its competitive advantage and continue its expansion into high-end markets.

About GCL

GCL System Integration Technology Co.,Ltd. (SZ: 002506) (GCL-SI),is part of the GOLDEN CONCORD Group (GCL). GCL-SI delivers a one-stop,cutting-edge,integrated energy system and is committed to becoming the world's leading solar energy company.