PR92952

SUZHOU, China, Nov. 10, 2021 /PRNewswire=KYODO JBN/ --

On November 5, GCL System Integration Technology Co., Ltd.(Shenzhen:002506)

(GCLSI), a leading photovoltaics (PV) company in China, signed the strategic

cooperation agreement with Shanghai Beststeel New Energy Co., Ltd. (Beststeel),

at the GCL Energy Center in Suzhou, Jiangsu province. The agreement marks the

partnership between GCLSI and Beststeel. The two companies will collaborate in

the building integrated photovoltaics (BIPV) sector by establishing a dedicated

team to jointly develop and market new BIPV products in a move to leverage the

combination of photovoltaic power generation and metal roofing systems.

"This is a collaboration between two industry leaders as Beststeel has been

committed to the construction industry for 25 years with an in-depth

understanding of the metal cladding(roofing/wall) system," said GCLSI executive

president Zhang Kun. "The partnership will see both companies expand

application scenarios and their businesses in the industrial and commercial

construction market by creating synergies in product innovation and standards

compliance, which, in turn, will help improve efficiencies of our offerings and

spur a radical change across the sector. Thanks to Beststeel for their trust in

GCLSI and expect to fully leverage both firms' respective advantages in

developing new BIPV products, with the aim of fueling the growth of the clean

energy sector."

"Driven by the policies that promoting green buildings, the market for

integrated modular and prefabricated buildings has experienced rapid growth

over the past few years. The building  cladding sector has also witnessed

substantial growth given the trend towards the industrialization of

construction," indicated Beststeel chairman Xu Jinyong. "We chose GCLSI as our

strategic partner in the BIPV domain as a result of their extensive experience

in the renewable energy sector, especially in the PV market. We look forward to

working together to provide safe and reliable BIPV products worldwide."

About Beststeel

Beststeel is recognized as one of the largest steel structure manufactory based

on metal cladding system and light gauge steel (LGS) framing system in China.

It has been designated as a well-known brand in China's construction industry.

About GCLSI

GCLSI is a leading Chinese integrated energy system supplier that is mainly

engaged in R&D, design, production and sales of high-efficiency PV cells,

differentiated modules, EPC (engineering, procurement, construction) systems

for power stations, and integrated energy storage systems in addition to

providing one-stop services.

Source: GCLSI