SYDNEY, June 22, 2026 /PRNewswire/ -- TECO Australia & New Zealand (TAC), a subsidiary of TECO Electric & Machinery Co., Ltd. (TWSE:1504), has invested in the Seaspray Solar + Battery Energy Storage System (BESS) project in Victoria, Australia, and will participate in the upcoming Tranche 2 energy portfolio. The move strengthens TECO's presence in Australia's renewable energy and power infrastructure market and reflects its transformation from an industrial equipment manufacturer into a comprehensive energy solutions provider, while bringing international engineering expertise to support Australia's energy transition.
Stuart Walker, President of TECO Australia and New Zealand, said Australia is accelerating its energy transition, with energy storage playing a key role in improving grid resilience and supporting renewable energy integration. "We are proud to contribute to Australia's energy infrastructure development. Through our participation in solar and energy storage projects, TECO aims to help create a more reliable, resilient, and sustainable energy future for local communities," he said.
