CITIC Securities and Costone led the $137m Series A round in Jiangsu Guoqiang Singsun Energy Technology.

CITIC Securities, a Chinese full-service investment bank, and Costone, an investment firm, led the $137m Series A round in Jiangsu Guoqiang Singsun Energy Technology, a Chinese developer of advanced tracking technology for intelligent solar plant applications, with participation from CMB International and Zhongtai Ventures.