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Market Insights

Column Introducton: Market Insights takes a wider view. We analyze leading manufacturers in China and globally, track trends in the power equipment industry, and provide the kind of honest, informed perspective that’s hard to find from a supplier with something to sell. We try to be useful even when the answer isn’t us.

Aerial panoramic view of Three Gorges Dam across full width with Yangtze River reservoir and upstream city visible in background

How Chongqing Won the Three Gorges Large Transformer Project: A First-Hand Account

April 18, 2026 No Comments

In 1993, China’s decision to build the Three Gorges Dam triggered an unexpected competition: which city would manufacture the world’s largest power transformers — units weighing 400 tonnes each, at a voltage class no Chinese factory had ever achieved? This is the first-hand account of how Chongqing won that contest, told by the municipal planning official who led the effort.

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Aerial panoramic view of TBEA‘s Changji headquarters and technology R&D base in Xinjiang, China, 2023, featuring the UHV transformer engineering research center and science and technology industrial park

From a Street Repair Shop to the World‘s UHV Transformer Leader: The TBEA Story

April 16, 2026 No Comments

In 1988, a 26-year-old technician took over a debt-ridden street transformer repair shop in Xinjiang with 53 employees and no hope. Today, that company is TBEA — the world’s largest transformer manufacturer by capacity and the only one with mass production capability of ±1100kV UHV DC technology. This is the amazing story of how one man’s choice and a series of bold acquisitions built China’s transformer champion.

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