PCG Power

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PCG Power - overview

Established

2022

Location

Hangzhou, Zhejiang, China

Primary Industry

Energy Storage & Batteries

About

Established in 2022 and based in Hangzhou, China, Hangzhou Bicheng Energy Development Co. , Ltd. , trading as PCG Power, operates as an integrated energy management service provider, mainly engaged in distributed photovoltaic, energy storage, charging pile, and energy management and carbon management business. The company is a joint venture between Poly Group and Country Garden.


The company's business development team has over 10 years of PV experience and was from the former Poly and Country Garden. In January 2026, PCG Power raised a series B funding co-led by new investors Aramco Ventures and Eurazeo, with participation from new investors LONGi Green Energy Technology and Heda Venture. PCG Power's core business is distributed power plants. The company is mainly engaged in the electricity and heat production and supply industry, providing green energy and carbon-saving services to commercial and industrial owners.


The service includes distributed power plants and new energy system solutions. The company's revenue is generated by providing campus community energy management services.


Current Investors

Poly Capital, Shenzhen Country Garden Venture Capital Co., Ltd., Eastern Bell Capital

Primary Industry

Energy Storage & Batteries

Sub Industries

Solar Power, Energy Storage & Batteries

Website

www.pcgpower.com

Verticals

Clean Technology

Company Stage

Series B

Total Amount Raised

Subscriber access only

PCG Power - employee data

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