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GCL Technology moves to buy LFP cathode maker from founder’s group

Source: pv magazine

CEII brief

pv magazine reported on 20 Oct 2026: GCL Technology moves to buy LFP cathode maker from founder’s group.

Chinese polysilicon producer GCL Technology has signed a non-binding memorandum of understanding to buy a controlling stake in an lithium iron phosphate (LFP) cathode manufacturer owned by its chairman’s family group for about CNY 2.5 billion ($374.3 million), as losses in…

— pv magazine
Read the full story on pv magazine

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Original reporting © pv magazine. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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