The "Deep Blue Answer Sheet" of CMC Capital and Wison Clean Energy
On August 26, the floating liquefied natural gas production unit "NGUYA FLNG", China's independently built unit with the largest tonnage and gas storage capacity, set sail from Qidong, Jiangsu, heading for the project deployment site near the waters of the Republic of the Congo. This unit was built by Wison Clean Energy Technology Group Co., Ltd., invested by CMC Capital, for the Italian energy company Eni. It is 376 meters long and has an annual liquefied natural gas production capacity of 2.4 million tons.
The "Pearl on the Crown" in the Offshore Engineering Field Sets Sail
The floating liquefied natural gas production unit (FLNG) can directly liquefy and store the extracted natural gas in the sea area far from the land, and is known as the "new pearl on the crown" of the ship and offshore engineering industry. The NGUYA FLNG unit that set sail this time not only sets a global record in scale but also integrates multiple low - carbon technologies.
This unit uses advanced self - supported prismatic type B (SPB) storage tanks, with a single tank volume of 45,000 cubic meters. It is the largest single - unit product designed and built since the SPB technology came out in the 1980s. At the same time, the unit adopts innovative technologies such as dual - fuel main generators and waste heat recovery systems, which effectively reduce carbon emissions while ensuring efficient operation.
A Model of Anti - involution Investment
Let's go back to 2023. The global energy market was still fluctuating in the aftermath of the pandemic, and long - cycle, heavy - asset offshore engineering projects made capital shy away. In November 2023, CMC Capital, as a co - leading investor, completed a financing of hundreds of millions of yuan for Wison Clean Energy. Against the background of over - investment in the new energy industry at that time, CMC Capital adhered to an "anti - involution" investment strategy. Instead of flocking to popular investment tracks, it discovered the unique value of Wison Clean Energy in the global floating liquefied natural gas field through in - depth industry research: in the global FLNG track, Wison is the only enterprise with both independent EPCIC (Engineering - Procurement - Construction - Installation - Commissioning) general contracting capabilities and a complete delivery record.
As Gu Xiaoli, a partner at CMC Capital, said: "While others focus on the cycle, we see barriers; while others worry about capital expenditure, we are confident in the compound interest of technology. The highlights of Wison Clean Energy lie not only in its remarkable performance growth data and large amount of outstanding orders but also in its global leadership in two technologies: floating natural gas liquefaction platforms and floating wind power."
A New Benchmark for China's High - end Equipment Manufacturing
"The NGUYA FLNG project set sail smoothly in just 33 months, accumulating 30 million safe and injury - free working hours." Wei Huaqing, the vice - president of Wison Clean Energy and the project director of NGUYA FLNG, said. Wison Clean Energy's unique EPCIC full - process integrated solution minimizes the communication costs in each link of project execution, enabling the project to set sail one month ahead of the contract period.
As the only Chinese enterprise with FLNG general contracting and construction capabilities and a delivery record, Wison Clean Energy has entered the global first - tier and become the only global enterprise to independently complete the general contracting and delivery of FLNG projects. This achievement marks the rise of China's high - end equipment manufacturing industry and the enhancement of Chinese enterprises' voice in the global clean energy field.
Optimistic about the Historical Opportunity of Global Energy Transition
At the sailing ceremony, Gu Xiaoli stood at the back of the crowd, leaving the applause to the engineers and welders. Watching the giant ship slowly sailing into the deep blue sea in the distance, he sighed:
"When we decided to invest in Wison Clean Energy in 2023, we valued its global leadership and scarcity in the FLNG technology, the 'pearl on the crown' in the offshore engineering field. We are extremely proud to see the 'NGUYA FLNG' set sail smoothly today.
This achievement not only proves the execution ability and technical strength of the Wison team but also verifies that Chinese enterprises can reach the global top level in the high - end equipment manufacturing field.
Against the background of increasing per - capita energy demand and global carbon reduction, natural gas, as a low - carbon clean energy, has good growth potential and broad commercial development space. With its technological accumulation in two key products, FLNG and deep - sea wind power, Wison Clean Energy has successfully seized the historical opportunity of global energy transition.
As a strategic partner of Wison Clean Energy, CMC Capital will continue to leverage our overseas channel network and industrial resources to help the company further expand the global market, especially in regions such as Africa, Southeast Asia, the UK, and South America, and contribute Chinese strength to the global energy industry's low - carbon transition."
For Wison Clean Energy, the sailing is just the beginning. As the global energy transition accelerates, FLNG, as a key equipment for effectively developing deep - sea natural gas resources, has broad market prospects. According to statistics, there are currently at least more than 30 FLNG projects under construction or in planning globally. The cost of a single FLNG is in the billions of dollars, and a new industry worth tens of billions of dollars is emerging.
The giant ship has sailed far away, but the whistle still lingers. On the deep blue sea, a new coordinate has been written: Made in China, Made for the World.