Singapore-headquartered clean energy company secures first external capital to accelerate expansion across Southeast Asia, Oceania, and the Middle East
Singapore & China, 27 July 2026 | PCG Global, a clean energy platform focused on renewable energy infrastructure, today announced the close of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonisation globally.
PCG Global was founded in Singapore by the team behind PCG Power, one of China's leading distributed energy operators. Proceeds from PCG Global’s first external capital raise will be deployed to accelerate project origination and execution across Southeast Asia, Oceania, and the Middle East, where net-zero commitments and the energy security imperative are driving rapid demand for renewable energy.
The company draws on PCG Power's 2GW+ of investment, construction, and operational experience, with approximately 1.8GW of projects currently in various stages of development, spanning across distributed solar, utility-scale power plants, behind-the-meter energy storage, and smart energy management. The company’s integrated offering covers full project lifecycle from financing and development through to operations, maintenance, and carbon management platform.
Li Wenxuan, Chairman and CEO of PCG Power, said: "This round reflects institutional confidence in our ability to translate proven distributed energy capabilities into high-quality outcomes beyond China. We look forward to building renewable energy infrastructure that delivers lasting impact across Southeast Asia, Oceania, and the Middle East, and are grateful for the support from GenZero."
Kimberly Tan, Head of Investments at GenZero, said: “This investment reflects GenZero’s continued support of companies and solutions which can scale the development of clean energy globally. The PCG team has demonstrated strong capabilities across fundraising, project development and operational execution since their establishment. We believe they are well-positioned to expand globally, particularly in regions like Asia and the Middle East, with significant demand for clean and resilient energy infrastructure.”
About PCG Global
PCG Global is a Singapore-headquartered clean energy platform focused on the investment, development, and operation of renewable energy infrastructure across international markets. The company delivers integrated energy solutions spanning solar generation, energy storage, and smart energy management, with a full-lifecycle approach from project financing through to carbon asset management.
About GenZero
GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, it seeks to deliver positive climate impact alongside long-term sustainable financial returns by investing in opportunities with the potential to be nurtured into impactful and scalable solutions.
Driven by a common purpose to decarbonise for future generations, GenZero recognises the need for a holistic and integrated approach to achieve a net zero world. It adopts a flexible investment approach across three focus areas to drive climate impact: (i) nature-based solutions that help protect and restore natural ecosystems while benefiting local communities and biodiversity; (ii) technology-based solutions that deliver deep decarbonisation impact; and (iii) carbon ecosystem enablers that support the scaling of carbon markets and enable broader industry decarbonisation.
For more information on GenZero, visit www.genzero.co.