About Us

PCG Power is an industry-leading investment management and operation service provider for next-generation power systems and a global leader in commercial and industrial (C&I) distributed PV project investment and operation.

About Us

About Us

PCG Power is an industry-leading investment management and operation service provider for next-generation power systems and a global leader in the investment and operation of C&I distributed clean-energy power stations. PCG Power boasts a robust capital background, with shareholders including global investors such as Temasek, Aramco Ventures, Investcorp(Golden Horizon Fund in partnership with CIC) and Eurazeo, major state-owned industrial investors such as Heda Financial Services, Chengdu Communications Investment Capital and Yankuang Capital; and leading domestic industrial investors such as Huamei International Investment Group, Eastern Bell Capital, UNT Capital and NIO Capital. Until now, PCG Power developed capacity of over 3GW, maintaining its leading position in China's C&I distributed clean-energy sector.

 

The Company is dedicated to delivering economical, intelligent, and reliable green energy solutions for enterprises, industrial parks, and cities. Centered around the investment and construction of renewable energy photovoltaic-storage power stations. PCG Power provides a full-spectrum value chain that integrates power asset operations, comprehensive energy services, electricity trading, carbon asset management and technological innovation in energy IoT. With six major operation centers in Hangzhou, Guangzhou, Shanghai, Beijing, Suzhou,Chengdu and Xi'an, PCG Power has established a nationwide asset network of development and management, serving over 100 cities across China. The company has expanded overseas business into the Oceania, Southeast Asia, Middle East and beyond, actively tapping into high-potential renewable energy markets worldwide.

 

Mission

Providing customers with more economical,
intelligent and reliable green energy

Vision

Defining the most popular asset types in the global market

Values

Professional Integrity,
Open Collaboration and Striver-Centric

PCG Ecosystem

PCG Ecosystem

  • 0 GW+

    Cumulative Generation Capacity

  • 0 +

    Clients Served

  • 0 +

    Industries Served

  • 0 +

    Overseas Strategic Markets

  • 0 +

    Domestic Provinces Served

  • 0

    Domestic Focus Regions (Beijing-Tianjin-Hebei Region · Yangtze River Delta · Pearl River Delta)

BiXi
Digital Carbon

Digital Energy-Carbon
Management Platform

PCG
Carbon Institute

Developer of Group Standards
for Carbon-Factor Database

BiYu
Technology

Provider of Smart IoT Solutions
for Next-Generation Power Systems

BiQing
Intelligence

Virtual Power Plant Aggregator & Operator

BiTong
Green Power

C&I Green-Power Trading Provider

BiDian
Engineering

New-Energy EPC
Service Provider

BiQuan
Smart O&M

New-Energy Smart O&M Provider

Next-Generation Power-System Investment
Management & Operation Service Provider

History

History

2026

2026

2025

2025

2024

2024

2023

2023

2022

2022

History

History

  • Series B financing was jointly led by Aramco Ventures and Eurazeo.
  • Partnered with global energy-tech company Octopus Energy to form a strategic joint venture, Bitong Energy, which officially commenced operations.
  • Jointly established a RMB 1 billion new energy M&A fund with Chengdu Communications Investment Group and Chengdu Mengjiang Group.
  • Successfully completed the first follow-on offering of the nation's first clean energy asset inter-institutional REITs.
  • Cumulative developed capacity exceeded 3 GW.
  • Series C1 financing was led by Zhonghai Fund, jointly initiated by Investcorp and China Investment Corporation (CIC).
  • Opened Southwest Headquarters, located in Pengzhou, Chengdu.
  • Temasek invested in the company and became a strategic shareholder.
  • Subsidiaries including Bitong Energy and Biqing Smart were established under the Group.
  • Cumulative developed capacity exceeded 2 GW.
  • Successfully established the industry's first inter-institutional REITs backed by distributed clean energy assets.
  • Established the first M&A fund with Lok Capital and CVCAM, a first in the industry.
  • Was recognized as Forbes China Globalization Brand.
  • Was selected for the “Hangzhou Unicorn and Potential Unicorn Enterprises List”.
  • Expanded business coverage across 20+ provinces, with cumulative developed capacity exceeding 1 GW, leading the commercial and industrial distributed clean energy sector in China.
  • Partnered with Lok Capital to launch an innovative development fund, raising RMB 2 billion with a total investment scale of RMB 10 billion.
  • Secured strategic equity investment from Qiantang District Industrial Investment Group and relocated its administrative headquarters to Hangzhou.
  • Subsidiaries under the Group, including Biquan Zhiwei, Biyu Technology, Bixi Shutan, and Bidian Engineering, were successively established.
  • Closed Series-A financing round, securing nearly RMB 1.5 billion in cumulative financing.
  • The company's first distributed photovoltaic project—Suzhou Opple Lighting—began grid-connected power generation.
  • Collaborated with GLP Capital to initiate the establishment of Lok Capital.
  • Guangzhou headquarters was inaugurated and put into operation.
  • PCG Power was established.
  • Closed Angel financing round.