A view of the GCL cabin during an exhibition in Shanghai. (Photo provided to China daily)
GCL Energy Technology CO LTD, a favorite in the Chinese renewable energies sector, presented its innovative fusion of blockchain technology and the digitization of green assets during “Rwa Real Up Summit 2025” recently concluded.
Hosted by Ant Group Digital Arm Antchain, the Dubai event summoned global investors, web3 innovators and energy leaders to explore the tokenization of blockchain for the tokenization of real assets (RWA).
Chen Shen, Director General of the GCL Energy Tech capital management department, announced the company’s significant collaboration with Antchain in December 2024 to launch the first RWA project supported by Hittings (PV) of China, valued at more than 200 million yuan ($ 27.6 million).
This initiative transforms operational solar farms into digital tokens verified into blockchain, allowing transparent cross -border investments in the Chinese green infrastructure.
“The marriage of clean energy and web3 revolutionizes carbon markets and green finances,” said Chen.
“The company aims to deepen collaborations with global partners to develop token energy products and carbon credit tools, aligning with international climate agendas.”
zhengxin@chinadaily.com.cn
