Recently, the 9th All Blossom Conference successfully concluded in Hangzhou, at which the 2025 Hangzhou Unicorn and Quasi-Unicorn List was jointly issued by the Hangzhou Entrepreneurship & Venture Association, Weline, and the Bank of Hangzhou. PCG Power secured a position in the quasi-unicorn list (which includes only 16 renewable energy companies) with its brand-new methodology of "Capital × Industry" and outstanding presence in renewable energy investment and operation, marking the authoritative recognition of PCG Power's business model and industry value by the capital market!
As of April 2025, Hangzhou is home to 44 unicorns (valued at over USD 1 billion) and 397 quasi-unicorns (valued at over USD 100 million). PCG Power stands among the 49 newly listed quasi-unicorns.
About PCG Power
PCG Power is committed to defining distributed renewable energy power station projects as a type of green asset more widely welcomed by the financial market. It has secured nearly RMB 1.5 billion through four rounds of financing. Its diverse shareholder base includes solar PV industry chain players UNT and Sunwoda, NEV manufacturers NIO and XPENG, and top enterprises and industry capital shareholders like industrial investment platform GLP, Huamei International Investment Group, and Eastern Bell Capital. Through deep capital-industry coordination, multi-scenario penetration, and full-chain development capabilities, PCG Power has addressed the fundamental tension between industrial fragmentation and large-scale capital investment, serving as a benchmark for the renewable energy industry to shift from large-scale competition to value reconstruction. Meanwhile, by establishing a presence at home and abroad, PCG Power has replicated its experience in industrial and commercial scenarios at home to spread across the world, leading the ecological, financial, and global transformation of renewable energy assets.
Looking ahead, guided by its mission of offering customers more economical, smart, and reliable green energy, PCG Power will continue to promote large-scale, intelligent, and global distributed energy development, delivering replicable as well as sustainable Chinese solutions for global carbon neutrality.
