New Generation Power International

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New Generation Power International
Private
IndustryEnergy
Founded2010
FounderChirinjeev Kathuria
HeadquartersChicago
Websitewww.newgenpower.com

New Generation Power International (NGPI) is an American energy company.[1]

History[edit]

The company is based in Chicago[2] and was co-founded by company chairman Chirinjeev Kathuria[3][4] in 2010.[1] The company develops renewable energy in international markets from resources, such as solar power, hydropower, biomass, wind power, geothermal, waste-to-energy, and cogeneration.[1][5] It has also developed, invests, owns, and operates infrastructure assets in the areas of utility-scale power generation, and distributed generation.[3]

Projects[edit]

NGPI was given a contract to develop solar and geothermal projects for the US Army,[6][7][8] and built a solar power farm located at Chicago Rockford International Airport.[9] NGPI formed a joint venture with Yilsan Holding, Mineks International and DCM Energy to install and operate a 100 megawatt geothermal power plant for the nation of Turkey.[10][11][12] NGPI signed a cooperation agreement with the Republic of Srpska in 2012 to develop four hydro projects totaling 365 megawatts on the Lower Drina River.[13] In collaboration Nippon Energy Solution, NGPI will build three 11.5 megawatt wood biomass power plants in Japan.[14]

Veriown[edit]

NGPI is also the co-founder of Veriown,[15][5] a distributed-generation energy company.[16] Founded in 2013, Veriown focuses on commercial-scale distributed solar, distributed generation, and microgrids.[17] The co-founder and CEO of Veriown is Steve Johanns.[17]

References[edit]

  1. ^ a b c "New Generation Power LLC: Private Company Information - Bloomberg". www.bloomberg.com.
  2. ^ "200 MW Of Solar For Sierra Leone From New Generation - CleanTechnica". cleantechnica.com.
  3. ^ a b "US-Energy Company Announces Plans to Implement Clean Energy Projects throughout Sierra Leone - Standard Times Press". standardtimespress.org.
  4. ^ Cole, Nicolas (9 June 2017). "Three Companies You've Never Heard Of That Will Truly Change The World".
  5. ^ a b "These 3 Power Brokers Will Transform the Future of Energy (1 of Them Is Elon Musk)".
  6. ^ "New Generation Power to develop, geothermal solar projects for US Army".
  7. ^ "Two Chicago solar firms make short list for Pentagon's clean energy contract".
  8. ^ "Army awards second technology under $7 billion renewable energy MATOC".
  9. ^ "Chicago-Rockford International Airport to Build 20-MW Solar Array - CleanTechnica". cleantechnica.com.
  10. ^ "Power firm NGPI enters 100-MW geothermal project JV in Turkey".
  11. ^ "New Generation Power International announces joint venture". 28 April 2015.
  12. ^ "American renewables company NGPI to establish geothermal plant in Turkey".
  13. ^ Reporter, Richard Springer, Staff. "New Generation Power Signs $1.67B Deal with Srpska Republic".
  14. ^ "New Generation Power launches biomass project in Japan - Bioenergy Insight Magazine". Bioenergy Insight.
  15. ^ Buchanan, Don (12 March 2017). "UVI Solar Project Stagnant, but Maybe Not Dead".
  16. ^ McMahon, Jeff. "Backyard Power Plants Can Back Up Solar, Rival Batteries".
  17. ^ a b "New Generation Power Launches Veriown Energy To Focus On Distributed Solar, Grids - Solar Industry". 30 July 2013.