Delta Electronics Invests Billions in Guanyin Plant for Hydrogen Battery Production

Delta Electronics is significantly expanding its global production capacity, with a planned investment of approximately NT$10.3 billion in a new plant in Guanyin, Taiwan, dedicated to hydrogen battery production. The company's chairman, Cheng Ping, announced that the first set of hydrogen fuel cells has been delivered to Taipower and is scheduled for trial operation starting in May. The Guanyin plant will house the mass production line for hydrogen batteries, with shipments expected to commence in 2028. A second phase for the Guanyin plant is also being considered. In parallel, Delta is investing about NT$1.8 billion to rebuild its oldest facility in Taoyuan into an R&D center. Driven by rapid AI growth, Delta is experiencing tight capacity and is building new factories worldwide, including in China, Thailand, and the US. The company is also actively scouting for new locations, with Mexico being a recent inspection site, and aims to finalize a decision within the year. Delta's capital expenditure in 2023 was NT$46.1 billion, and this year's expenditure is expected to be higher, with a notable increase in production equipment investment.