Taiwan Cogeneration Corporation

Taiwan Cogeneration Corporation (台汽電) is a professional power-industry development company. According to its official site, it initially focused on providing cogeneration technology and assisting in system construction, invested in the Dayuan cogeneration plant, cooperated with Yimei, Uni-President and Asia Chemical to build multiple diesel-engine cogeneration systems under a BOT model, and wholly built the Guantian cogeneration plant. It later invested in and operated natural-gas power plants including Star Energy Power, Senba Power and Star Yuan Power, and invested in Kuo Kuang Power. It has moved into wind, solar PV and geothermal development, and overseas is promoting a coal-fired power plant project in Subic Bay, the Philippines. Its subsidiary Star Energy Corporation specializes in engineering services. The company states it has become a competitive domestic power-industry group over more than 20 years. It was founded on 7 May 1992, its shares were publicly issued on 24 April 1997, it was listed on the OTC market from 8 May 2000, and transferred to the main board from 25 August 2003, with ticker 8926.

Taiwan Cogeneration Corporation was founded on 7 May 1992. Its shares were publicly issued on 24 April 1997, it began OTC trading on 8 May 2000, and it transferred to main-board listing on 25 August 2003. Initially the company focused on providing cogeneration technology and assisting in system construction; it invested in the Dayuan cogeneration plant, cooperated with Yimei, Uni-President and Asia Chemical to build multiple diesel-engine cogeneration systems under a BOT model, and wholly built the Guantian cogeneration plant. It subsequently invested in and operated natural-gas power plants including Star Energy Power, Senba Power and Star Yuan Power, and invested in Kuo Kuang Power. From 2000 it successively planned the Star Energy Power Changbin plant and the Senba Power Fengde plant, and in 2006 it was approved to plan the Star Yuan Power plant and served as EPC turnkey contractor, described as the first enterprise in Taiwan with turnkey natural-gas power plant construction experience. Its subsidiary Star Energy Corporation completed turnkey projects for seven Taiwan Power Company substations and multiple transmission and distribution projects, and completed turnkey work for 61 2MW wind turbines for Taiwan Power Company. In recent years it has pursued onshore and offshore wind, solar PV and geothermal renewable-energy business. Corporate history entries include: in 2021, on 24 May, its investee Senba Power obtained establishment approval for a second-phase gas combined-cycle power plan, and in March it acquired 100% of Hamali Energy Technology; in 2022 and 2023 Senba Power carried out capital increases for the second-phase plan while the company maintained a 43% stake; in 2023 it carried out a NT$412 million earnings capitalization increase and a NT$1 billion cash capital increase; in 2025 Senba Power's second-phase 1,100MW unit officially entered commercial operation on 20 May, and the company participated in Kuo Kuang Power's cash capital increase, raising its stake to 45.83%; in 2026 (May) it carried out a NT$1 billion cash capital increase, bringing capital to NT$8.3 billion, and acquired Netherlands-based Tokyo Electric Power International's stakes in Senba Power, Star Energy Power and Star Yuan Power, raising its holdings to 62.5%, 60% and 64% respectively.

A professional power-industry development company offering full-scope services from project development and engineering contracting to operation, maintenance and technical consulting; described as the first company in Taiwan to complete turnkey construction of a natural-gas power plant.

• Cogeneration plant development and construction

• Independent power producer investment and operation

• Renewable energy plants (solar PV, wind, geothermal, biomass)

• EPC turnkey engineering

• Operation and maintenance services

• Technical consulting

1. 1台灣汽電共生cogen.com.tw
2. 2台灣汽電共生-關於台汽電-公司沿革cogen.com.tw
3. 3台灣汽電共生-投資人專區-股利資訊cogen.com.tw