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Harbin Electric
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Designer and manufacturer of a wide variety of electric motors

Founded in
Founded in

Company type Acquired Public ()
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Industry Group energy & power

Sector buildings

TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters China Harbin, China
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Updated by Hattie Partner at on 05/21/2025

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Date Company
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Date Partner Type
06/06/2011
General Electric General Electric
Harbin Electric signed a memorandum of understanding (MoU) as of June 6, 2011 to buy four 9FB gas turbines from GE before the end of 2013, including two that will incorporate FlexEfficiency technology. The purchases are subject to Harbin being awarded projects, most likely for district heating applications in China.
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Confirmed by General Electric
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IPO INFORMATION

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Date Investors Type Amount
06/20/2011 Abax Global Capital Abax Global Capital (1)
Post-money valuation of
Buyout / Late-Stage Private Equity $750,000,000
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