Billion Electric Co., Ltd. (3027. TW) Continues to Strengthen Energy Storage Focus and Demonstrates Solid Progress in Global Expansion
Billion Electric • 2025 Jul 4
Billion Electric Co., Ltd., Updated: 2025/07/04
Billion Group held its 2025 Q2 Investor Conference on June 30, announcing preliminary consolidated revenue of NT$1.247 billion for the first five months of 2025, representing approximately 51.6% growth compared to NT$822 million in the same period last year. This strong revenue growth was primarily driven by the steady delivery of energy storage and renewable energy projects, as well as shipments of communication equipment orders for major utility companies.
In the first quarter of 2025, the Group reported a significant increase in both revenue and profitability, with earnings per share (EPS) also improving compared to the same period last year, reflecting a continued enhancement of overall operational strength. Despite short-term pressure from gross margin adjustments, the management team has actively advanced project execution and resource integration to further improve operational efficiency and financial stability. By the end of the second quarter, the Group’s balance sheet structure had become even healthier, with robust cash flow and short-term debt repayment capacity, laying a solid foundation for sustainable growth in the future.
BEC Recognized on the UTC Recommended List — The Only Private Network Equipment Brand from Taiwan
In 2025, Billion Group’s communications brand, BEC Technologies, successfully passed the field testing and certification of private network equipment conducted by the Utilities Technology Council (UTC) in the United States. BEC’s products account for nearly 30% of the council's recommended list—the highest among all suppliers—and BEC is the only brand from Taiwan to be selected. This achievement highlights Billion's strong technological capabilities and product competitiveness in the North American market.
Billion has been deeply cultivating the North American market for many years, with independent development of 4G/5G industrial-grade routers and the BECentral® cloud management platform. BEC products are widely deployed across power grids and energy infrastructure, earning continuous recognition from international partners. Looking ahead, Billion will focus on innovation in the fields of 5G and AIoT to further strengthen its presence in global critical communications markets.
Strategic Alliances Drive Results — MIT Innovations Power Energy Business Growth and Optimize Taiwan’s Solar O&M Deployment
With fully integrated capabilities spanning research and development, manufacturing, and system applications, Billion Group continues to enhance its competitiveness in the energy sector. Under the Billion brand, the Group offers a comprehensive product lineup, including Fusio series energy storage systems, Giga series PV inverters, BEVC AC/DC EV chargers, and AI-powered Energy Management Systems (EMS). In addition, the Group has introduced APS microinverters and other new products through strategic partnerships. Through these one-stop solutions, Billion provides complete support for grid regulation, bidirectional charging and discharging, and cloud-based smart monitoring—effectively strengthening power resilience, improving operational efficiency, and injecting new growth momentum into the Group’s energy business.
Subsidiary Billion Watts Technologies has actively expanded its solar power plant operations and maintenance (O&M) footprint, currently managing approximately 30 sites with a total installed capacity of 32.7MW. In 2025, the company deepened its strategic collaboration with Sino-American Silicon Products Inc. (SAS), Taiwan’s leading silicon wafer manufacturer, integrating solar project sites and O&M resources from both parties. Together, they have established Taiwan’s largest solar O&M service alliance.
By leveraging regional resource sharing, Billion Watts Technologies has significantly enhanced its O&M coverage and real-time service capabilities, substantially improving its competitiveness in project bidding and service delivery. This alliance demonstrates Billion Group’s leadership and commitment to advancing Taiwan’s renewable energy market.
Transformation Focused on Energy Storage Delivers Results — Growth in Front-of-the-Meter and Behind-the-Meter Storage
Billion Group's strategic focus on green energy and energy storage is paying off, with energy-related revenue now accounting for over 80% of total revenue—demonstrating significant progress in the Group’s transformation efforts. “Driven by the global decline in battery costs and surging demand for energy storage, storage technology has become a key enabler of the energy transition,” said Elaine Chen, General Manager of Billion Watts Technologies.
In the front-of-the-meter (FTM) storage sector, Billion has secured long-term operations and maintenance (O&M) contracts for large-scale energy storage projects totaling 64MW, with two additional sites expected to operate in the third quarter. Upon completion, the Group's total managed storage capacity will reach 754.28MWh, representing NT$16.3 billion in managed assets.
In Taipower's dReg market, Billion holds approximately 9.96% market share, and with the upcoming launch of E-dReg projects, the Group’s share is expected to increase to 21.57%. This steady growth in stable, long-term cash flow further strengthens Billion Group’s competitive position in the energy storage market.
Steady Progress in Global Expansion — Diversified Business Model Drives New Value Across the Energy Supply Chain
Leveraging its one-stop integration capabilities and cost management advantages, Billion Group has developed a diversified business model encompassing project design, engineering, long-term smart O&M, product sales, strategic alliances, and international partnerships. The Group is actively expanding its presence in the energy sector, integrating solar power, energy storage, energy management systems (EMS), and EV charging solutions, while replicating its successful business model in global markets. Through this approach, Billion captures policy incentives, seizes overseas opportunities, and secures long-term, stable revenue streams.
By combining vertical integration, technological innovation, and enhanced customer service, Billion is steadily advancing its smart, low-carbon transformation—demonstrating long-term growth potential and international competitiveness.
“Billion Group will continue to deepen its operations across key subsidiaries including Billion Watts Technologies, NoonSpare Energy Technology, Billion EVC Technologies, as well as its overseas subsidiaries in Japan, Australia, and beyond,” said Elsa Chang, General Manager of Billion Electric. “We are fully committed to expanding core businesses in energy storage, battery modules, and EV charging infrastructure, while steadily advancing our global market presence. With innovative technologies and comprehensive integration capabilities, Billion aims to accelerate the global energy transition and lay a solid foundation for sustainable development and international competitiveness.”
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