“Chasing Light Tech” Secures $100M Series A Funding.

“Chasing Light Tech” Secures $100M Series A Funding.

Zhuiguang Technology is on the forefront of accelerating the commercialization of organic photovoltaics, recently announcing the completion of nearly 100 million RMB in Series A funding. The investment comes from esteemed entities such as the State Power Investment Corporation’s industry fund and Yida Capital. This capital injection will primarily fuel the construction of a mass production line for organic photovoltaic modules measuring 650*550 m㎡.

Established in 2020, Zhuiguang Technology is dedicated to the research and commercialization of organic semiconductor materials and devices, offering customized organic photovoltaic energy solutions. Below is the optimized content for a WordPress blog post:

Zhuiguang Technology is paving the way for the third generation of new photovoltaic technologies with a focus on organic photovoltaics (OPV), which boasts unparalleled advantages in flexibility and transparency, among others. Initially targeting indoor photovoltaic scenarios, the company plans to expand into wind power, construction, and transportation sectors in the future.

**The Edge of Organic Photovoltaics**

OPV technology shines in its low-light performance and eco-friendliness. Imagine the possibilities in large supermarkets, where OPV modules can continuously power electronic price tags, meeting the demands of indoor applications. The sleek, flexible, and tunable transparency of OPV open doors for innovative product designs.

**Challenges in Commercialization**

Like many new photovoltaic technologies, OPV faces challenges in photoelectric conversion efficiency and stability. With pride, Zhuiguang Technology reveals that its independently developed OPV devices have achieved a laboratory efficiency of 19.92%, a world record that stands testament to their innovation.

**Mass Production and Orders**

The company has successfully established a production line for OPV materials and is poised to launch modules for indoor photovoltaic applications next year, with the first batch of orders coming from leading global IoT product suppliers.

**Business Model**

Zhuiguang Technology operates on a dual business model of customization and standardization. Currently, clients lean towards customized solutions, but the company, with its end-to-end production capabilities, is also looking forward to developing standardized module products.

**Investment and Collaborations**

With past investments from Sequoia China and others, Zhuiguang Technology is set to deepen its cooperation with industry partners in the outdoor photovoltaic sector.

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Zhuiguang Technology is committed to the commercialization of organic photovoltaics, with products spanning multiple fields. Their OPV devices have set a world record in efficiency, and they are gearing up for mass production of indoor photovoltaic products. Collaborations and investment layouts are expanding, signaling a bright future for sustainable energy solutions.

The content below is formatted for a WordPress blog, focusing on the emotional value while maintaining a rigorous and scientific tone with a touch of humanism:

Zhuiguang Technology stands at the forefront of innovation, dedicated to bringing organic photovoltaics into the mainstream. With a nearly 100 million RMB Series A funding secured, the future of sustainable energy is brighter than ever. The company’s focus on OPV technology offers a glimpse into a world where flexibility and transparency are not just buzzwords but realities.

As we witness the company setting world records in efficiency and preparing for mass production, it’s clear that Zhuiguang Technology is not just about innovation but about a vision for a greener, more sustainable future. With collaborations and investments from industry giants, the journey ahead is not just promising but inspiring.