Company information
- Ticker
- 3027
- Country
- Taiwan
- Sector
- Communication Services
- Industry
- Communications Equipment
BILLION Business Summary
Billion Electric Co., Ltd. (3027.TW) has successfully transitioned from a legacy power supply and networking hardware manufacturer into a vertically integrated energy technology service provider. As of early 2026, the company generates over 80% of its revenue from its Green Energy segment, which encompasses solar PV development, Energy Storage Systems (ESS), and Engineering, Procurement, and Construction (EPC) services. Following the 100% acquisition of its primary subsidiary, Billion Watts, in February 2026, the company has consolidated its leadership in Taiwan’s "Behind-the-Meter" (BTM) and "Front-of-the-Meter" (FTM) storage markets while scaling utility-scale solar-plus-storage projects in Australia and Japan. Secondary revenue streams include high-end industrial 4G/5G routers under the BEC Technologies brand and customized power supply units for industrial and lighting applications. Billion competes primarily with Delta Electronics and United Renewable Energy in the energy sector, and Zyxel Group in networking, positioning itself as a specialized, agile integrator within the Asia-Pacific renewable infrastructure and grid stability markets. The company is led by Chairman Pedersen Chen (Cheng-Chien Chen), who assumed the role in March 2025 following the retirement of long-time leader Tim Chen, maintaining the founding family’s strategic oversight since 1973. The executive team is anchored by key specialists including Elaine Chen, President of Billion Watts, and Sam Chen, who serves as Deputy General Manager of the energy division, while technical direction is driven by VP of Technology Dr. Chencheng Lee. Although the company is currently managing a leadership transition following the resignation of General Manager Elsa Chang in March 2026, its operational continuity is supported by seasoned division heads like BEC President Jesse Lin. Billion’s strategic direction is reinforced by high-profile joint ventures, such as Renew Billion Energy with Sino-American Silicon, and a board focused on capitalizing on Taiwan’s "Net Zero 2050" policy through institutional alignments in the semiconductor and heavy-industry energy resilience sectors.