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Shihlin Electric Backlog Hits NT$60 Billion with Orders Extending Through 2030
Producer Manufacturing · Electrical Products · cnyes · 2026-09-10
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Shihlin Electric reports a record backlog exceeding NT$60 billion, driven by Taiwan Power’s grid resilience projects and surging demand from AI and semiconductor sectors.
What Happened
Record Order Backlog: Shihlin Electric announced that its order backlog has surpassed NT$60 billion, fueled by Taiwan Power’s grid resilience initiatives and infrastructure demand from the AI and semiconductor industries. Heavy electrical equipment accounts for over 70% of these orders, with delivery schedules extending into 2029 and 2030.
Capacity Expansion: To meet rising global demand, the company is constructing a new T4 facility for large power transformers, slated for production by September 2027. This expansion will increase total capacity by 30% and upgrade manufacturing capabilities to 345kV, with significant interest already secured from potential clients.
Market Diversification: Domestic revenue is balanced between tech industry demand and utility grid projects, each contributing approximately 25%. Internationally, the company is expanding its footprint beyond Southeast Asia and North America to include the Japanese market, with analysts projecting 20% growth in tech-related revenue this year.
Energy Storage Growth: The company is on track to meet its 300MW order target for behind-the-meter energy storage by the end of the year. Management has set a subsequent goal of 500MW, with the timeline for achievement contingent upon client requirements and project progress.