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TECO Expands into Southeast Asia Power Market with Subsidiary; TECOBAR Launches New Penang Plant

2026/04/29

TECO Group is accelerating its expansion in the Southeast Asian market. Its subsidiary, TECOBAR, today (29th) held the opening ceremony of its new armored busway manufacturing plant—TECOBAR SMARTPOWER SOLUTION SDN. BHD.—in Penang, Malaysia.

 

Chairman Morris Li of TECO stated that Penang is a key hub for electronics and manufacturing in Southeast Asia. The establishment of this facility to produce high-quality power transmission systems will not only strengthen the capability of delivering “local sourcing and local servicing” to customers, but also further enhance TECO’s competitiveness in the global power supply chain market. The inauguration of the new plant also signifies TECO’s integration of group resources and its successful entry into the power infrastructure supply chain for data centers, international cloud service providers, and manufacturing industries in Southeast Asia.

 

The opening ceremony was officiated by Chairman Morris Li. Distinguished guests in attendance included Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang, Penang Deputy Chief Minister II Jagdeep Singh, State Assemblywomen of Penang:YB PUAN Heng Lee Lee and YB PUAN Phee Syn Tzea, Representative Ms. Lien Yu-Ping of the Taipei Economic and Cultural Office, and Ms. Huang Hui-Ling, President of the Penang Taiwanese Chambers of Commerce (PTCC), along with other prominent government and business leaders.

 

Mr. Mohamed expressed that he is pleased to see TECO deepen its investment in Penang, strengthening the power industry supply chain while driving local economic growth and high-tech development. He added that TECOBAR busway systems enable local data center and semiconductor projects to benefit from high-quality local services, which is expected to attract more top-tier international companies to invest in Malaysia. Penang Deputy Chief Minister II Jagdeep Singh expressed the strong ties with Taiwanese businesses in his remarks, welcoming further investment from Taiwanese enterprises and affirming that Penang has a stable and reliable power supply. Representative Lien Yu-Ping highlighted the strong complementarity between Taiwan and Malaysia’s industries, noting that Taiwanese businesses have become key partners in Malaysia’s industrial upgrading and AI transformation. She expressed hope that the TECOBAR Penang plant will create new opportunities for mutual growth and cooperation.  Huang Hui-Ling, President of the Penang Taiwanese Business Association, stated that this investment will further unite Taiwanese businesses, promote industrial linkages and resource integration, inject new momentum into the development of Penang’s high-tech industries, and enhance regional competitiveness.

 

USD 12 Million Investment in Smart Manufacturing and Automation; Annual Capacity of 400,000 Meters

The new TECOBAR Penang plant is located within TECO’s Penang Industrial Park, covering 3.5 hectares (within a total park area of 13 hectares). With a total investment of approximately USD 12 million, the facility is designed to reach an annual production capacity of 400,000 meters of busway, serving as a key manufacturing hub for ASEAN and global markets.

 

The plant focuses on the R&D and manufacturing of high-performance armored busway systems, primarily applied in AI data centers and high-performance computing environments. Its products are certified to international standards, including IEC and UL.

 

The facility adopts smart manufacturing and automation technologies to significantly enhance production efficiency and delivery flexibility. In line with net-zero trends, the plant also incorporates high-efficiency equipment, energy management systems, and green manufacturing processes to reduce carbon emissions and improve energy efficiency, demonstrating TECO Group’s commitment to ESG and sustainable operations.

 

TECOBAR Integrates Taiwan–Malaysia Dual Bases to Capture AI-Driven Demand Growth

As demand for AI and cloud computing continues to surge, power infrastructure is undergoing rapid transformation. Traditional cable systems are increasingly limited, prompting a shift toward busway systems that offer high current capacity, modular design, and rapid deployment advantages. According to industry research, the global busway market has reached tens of billions of U.S. dollars and continues to grow, with Asia and Southeast Asia as key growth drivers.

 

Chairman Ta-Wen Lin of TECOBAR stated that with the launch of the Penang plant, the company will integrate its two major manufacturing bases—cast-resin busway in Taiwan and armored busway in Malaysia—to form a coordinated regional production network. TECO group Chairman Morris Li further emphasized that this will strengthen TECO Group’s service capabilities in the ASEAN market. By leveraging local manufacturing and rapid delivery advantages, TECO aims to enhance its competitive position in key sectors such as data centers, semiconductors, and smart manufacturing, while providing efficient, reliable, and sustainable power solutions to capture new opportunities arising from energy transition and the digital economy.

 

About TECO

TECO Electric & Machinery Co., Ltd., founded in 1956, is a leading global industrial motor manufacturer. The company has evolved into a comprehensive energy solutions provider, with key businesses spanning modular data center MEP solutions, ESCO energy services, and EV powertrain systems. TECO is the market leader in Taiwan’s onshore substations for offshore wind (2.5 GW), has delivered over 860 MW of data center projects across Southeast Asia, and holds more than 85% of Taiwan’s e-bus powertrain market, with expansion into India. The company is committed to driving global electrification, intelligent solutions, and sustainable energy. For more information, please visit https://www.teco.com.tw/en-us/

 

About TECOBAR
TECOBAR specializes in the production of busway systems and power distribution units. It joined TECO Group in 2003 and established the global TECOBAR brand in 2012. Its products are widely applied in data centers, transportation infrastructure, power plants, and high-tech industries worldwide, with a market share of 41% in Taiwan. For more information, please visit: https://www.tecobar.com.tw/zh-tw

 

TECO Expands into Southeast Asia Power Market with Subsidiary; TECOBAR Launches New Penang Plant