Teco Electric and Machinery Co. will invest up to US$25.6 million in solar power and energy storage projects in Malaysia, responding to rising demand for data center infrastructure in Southeast Asia.
The company said Malaysia’s emergence as a regional data center hub is driving demand for reliable green energy solutions. The investment aligns with Teco’s long-term strategy to expand into core infrastructure supporting renewable energy and hyperscale data centers.
Earlier this month, Teco announced it had secured a US$79.6 million contract related to a U.S. cloud service provider’s hyperscale data center projects in Malaysia and Thailand. The contract covers power system integration and fiber-optic network installation.
The latest investment reinforces Teco’s push to position itself as an integrated energy and infrastructure solutions provider across fast-growing Southeast Asian markets.
