New Generation Power International Explained

New Generation Power International
Location:Chicago
Founder:Chirinjeev Kathuria
Foundation:2010
Type:Private
Industry:Energy

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

History

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

Projects

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]

Notes and References

  1. Web site: New Generation Power LLC: Private Company Information - Bloomberg. www.bloomberg.com.
  2. Web site: 200 MW Of Solar For Sierra Leone From New Generation - CleanTechnica. cleantechnica.com.
  3. Web site: US-Energy Company Announces Plans to Implement Clean Energy Projects throughout Sierra Leone - Standard Times Press. standardtimespress.org.
  4. Web site: Three Companies You’ve Never Heard Of That Will Truly Change The World. Nicolas. Cole. 9 June 2017.
  5. Web site: These 3 Power Brokers Will Transform the Future of Energy (1 of Them Is Elon Musk).
  6. Web site: New Generation Power to develop, geothermal solar projects for US Army.
  7. Web site: Two Chicago solar firms make short list for Pentagon's clean energy contract.
  8. Web site: Army awards second technology under $7 billion renewable energy MATOC.
  9. Web site: Chicago-Rockford International Airport to Build 20-MW Solar Array - CleanTechnica. cleantechnica.com.
  10. Web site: Power firm NGPI enters 100-MW geothermal project JV in Turkey.
  11. Web site: New Generation Power International announces joint venture. 28 April 2015.
  12. Web site: American renewables company NGPI to establish geothermal plant in Turkey.
  13. Web site: New Generation Power Signs $1.67B Deal with Srpska Republic. Richard Springer, Staff. Reporter.
  14. Web site: New Generation Power launches biomass project in Japan - Bioenergy Insight Magazine. Bioenergy Insight.

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