Hangzhou Microquanta Semiconductor Co., Ltd. ("Microquanta"), a leading perovskite photovoltaic company and world-record efficiency holder, is pleased to announce that it has recently secured a strategic investment from Three Gorges Capital Holdings, a subsidiary of China Three Gorges Group, and China Three Gorges New Energy.

“Microquanta is a fast growing company driven by technological innovations. It has an energetic team of experts and has achieved world-record breakthroughs with their proprietary perovskite technologies,” said Zhiming Cheng, General Manager of Three Gorges Capital Holdings. “This investment aligns well with China Three Gorges Group’s strategies in developing renewable energies, promoting innovations and industrial upgrading.”

Dr. Jizhong Yao, CEO of Microquanta noted, “China Three Gorges Group is one of the world largest clean energy producers. This investment demonstrates the confidence of our partners to our technologies. It also allows us to accelerate our research and developments. ”

This cooperation will be mainly focused on the R&D and market applications of the perovskite photovoltaic technology. Microquanta and ChinaThree Gorges Group will  jointly explore opportunities of this technology in various scenarios leveraging both of their expertise.