About TCC
Company History
Taiwan Cogeneration Corporation （TCC） was founded in 1992 with the goal of assisting industry by providing cogeneration technology to enhance energy efficiency. Following the government's introduction of a policy to open up the development of private power plants, the company has successively invested in, constructed, and operated natural gas-fired independent power producers （IPPs）, including Star Energy, Sun Ba, Star Buck, and Kuo Kuang Power Co., Ltd.
2023
- Capital increase with earnings at NT$412 million in August. Authorized capital increased to NT$7.3 billion after capital increase.
- Invested in Sun Ba Power Corporation through capitalization of capital surplus and capital increase out of earnings to meet the need for the combined-cycle gas turbine （CCGT） power plant project. The authorized capital after capitalization is NT$12 billion, with TCC holding 43﹪ of the shares.
- Capital increase with cash from issuing new shares at NT$1 billion in June. Authorized capital increased to NT$6.89 billion after capital increase.
2022
- Invested in Sun Ba Power Corporation through capitalization of statutory surplus reserves and capital increase out of earnings to meet the need for the combined-cycle gas turbine （CCGT） power plant project. The authorized capital after capitalization is NT$10 billion, with TCC holding 43﹪ of the shares.
2021
- Investee Sun Ba Power Corporation acquired the permit for establishment of the phase II gas fired combined cycle power plant on May 24, 2021.
- Acquired 100﹪ of Hamaguri Co., Ltd. in March 2021.