CGDG led a $276m Series C round in Huasun Energy.

CGDG, a state-owned enterprise that makes strategic investments to accelerate the green energy transition, led a $276m Series C round in Huasun Energy, a provider of N-type silicon HJT solar cell and module technology, with participation from Bank of China Asset Management, China Post Insurance, Originvest, China Xinxing Asset Management, and Guolian Jintou Zhiyuan. “Huasun has now entered the fourth year of rapid growth, and the trust from our shareholders fills us with confidence. This confidence strengthens us to face future challenges and accelerate the industrialization of N-type HJT technology. Collaborating with China Green Development will provide robust support for Huasun's sustainable development. We believe that HJT will achieve further breakthroughs by deep collaboration, leading photovoltaic power generation to become the most cost-effective energy supply model. This will open more possibilities for the whole solar industry!” Jimmy Xu, Huasun Energy Chairman.