ASX-Dividend-Report-Banner

GCL Launches World's First Carbon Data Platform and SiRo Module

June 25, 2024 12:35 AM AEST | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 GCL Launches World's First Carbon Data Platform and SiRo Module
Image source: Kalkine Media

MUNICH, June 24, 2024 /PRNewswire/ -- On June 20, at the Intersolar exhibition in München, Germany, GCL unveiled the world's first solar photovoltaic carbon chain—GCL Carbon Data Platform integrating blockchain technology with granular silicon technology. It effectively tracks the carbon footprint across the entire photovoltaic industry chain, ensuring that carbon emissions of chain-linked products comply with relevant national standards and requirements.

Zhang Kun, Executive President GCL SI, presenting the GCL Carbon Data Platform at release ceremony
Zhang Kun, Executive President GCL SI, presenting the GCL Carbon Data Platform at release ceremony

The introduction comes amidst global shifts in regulatory frameworks. The European Parliament adopted the Carbon Border Adjustment Mechanism (CBAM) in February 2022, set to impose carbon taxes by 2026. Recently, the European Council passed the Net Zero Industry Act (NZIA) in May 2024, enforcing stringent standards for traceability, authenticity, carbon reduction tech, and environmental norms. In the US, a bipartisan Senate group introduced the PROVE IT Act in June 2023, pushing for a Department of Energy carbon emissions database. Furthermore, the reintroduction of the Clean Competition Act later that year aimed to levy carbon taxes. China, the UK, Japan, and Canada are also enacting similar measures, intensifying carbon footprint oversight across renewable energy supply chains.

The proactive deployment of the GCL Carbon Data Platform by GCL represents a pioneering effort in establishing a global carbon chain management platform for the solar photovoltaic industry.

Based on authoritative data from TUV Rheinland, ISO international standards, and the Ecoinvent international carbon database, GCL's Carbon Data Platform utilizes blockchain technology developed by Ant Group to report carbon footprints throughout the industrial chain production process. This ensures traceability, checkability, trustworthiness, and tamper resistance, facilitating product supply chain traceability, product carbon footprints, and corporate carbon management. By scanning the QR code of a SiRo module incorporated into the carbon chain, users can intuitively access product information, carbon footprint reports, production facilities, raw material traceability, and ESG reports.

Data shows that as upstream material for PV module, GCL demonstrates excellent carbon footprint performance. Producing 1 kilogram of granular silicon emits only 37.000 kilograms of CO2 equivalent, nearly half of the global record of 55.000 kilograms of CO2 equivalent maintained by Siemens rod silicon. This reduction equates to over 2 million tons of CO2 for every 100,000 tons of granular silicon produced. Data presented by GCL SI at the release event indicates continuous industry decarbonization, with carbon values reduced from over 600 equivalents in the previous generation to an industry average of approximately 470 equivalents. Under the support of the GCL Carbon Data Platform, SiRo module achieves a minimum carbon value of 370.000 equivalents, with a target to reach 320.000 equivalents within 1-2 years.

During the release event, Zhang Kun, Executive President of GCL SI, stated that the GCL Carbon Data Platform is the world's first carbon chain management platform for the photovoltaic industry based on granular silicon technology, blockchain technology, and digital intelligence technology. It achieves visualization, quantification, and trustworthiness of low-carbon footprints of granular silicon module products. Under dynamic traceability, the carbon value of each module meets the lowest industry standards. In the future, the GCL Carbon Data Platform will accelerate upstream and downstream industrial chain cooperation, boost the new quality productivity of the photovoltaic industry, and accelerate entry into the innovative camp of decarbonization, zero carbonization, and decarbonization industries.

Zhang further disclosed that GCL SI's six flagship products of its TOPCon series successfully passed rigorous audits by TUV Rheinland on May 21, gaining ISO 14067 Product Carbon Footprint Certification. This milestone signifies full integration of the GCL Carbon Data platform, from raw material traceability to product carbon footprint certification locked into the blockchain. Moreover, adherence to TUV Rheinland certification standards indicates international recognition of the company's module product carbon footprints. GCL SI will soon deliver the first order of GCL SiRo modules with TUV Rheinland certification marks, further enhancing the product's differentiated competitiveness through acceptance by homeowners via the GCL Carbon Data platform.

Zhang emphasized that GCL has consistently implemented China's "3060 carbon targets" and closely monitored market trends. The development of the GCL Carbon Data Platform and its products is currently at the 1.0 version, aiming to achieve commercialization of every product on the chain to add premium value in the market competition. In the subsequent 2.0 version, the company will actively participate in the drafting and formulation of industry-related low-carbon standards, supporting the planning of carbon reduction paths across the photovoltaic industry chain through robust data foundations and empowering precise decarbonization of photovoltaic main and auxiliary material supply chains, jointly promoting low-carbon development of the photovoltaic industry.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.