November 20, 2014
The Future Looks Bright For Nigeria: New Generation Power To Light Up 1 Million Homes

CHICAGO, Ill., (November 20, 2014) – New Generation Power, a global leader in the renewable energy industry, together with Motir Seaspire, signed a Memorandum of Understanding (MoU) with the Federal Government of Nigeria to deliver 1200 megawatts (MW) of utility-scale solar photovoltaic (PV) projects within Nigeria. Expected to break ground by 2015 and be fully […]

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September 30, 2014
New Generation Infrastructure to Acquire Three Toll Road Projects in India

CHICAGO, Ill., (September 30, 2014) – New Generation Infrastructure, Inc. (NGI), a subsidiary of New Generation Holdings, Inc., a global leader in renewable energy and infrastructure, today announced they have entered into an agreement to acquire three toll road projects from Valecha Infrastructure Limited (VIL). NGI will invest approximately $60 million USD toward acquiring stakes […]

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September 22, 2014
New Generation Power International Announces 34.5 Megawatt Biomass Project in Japan

CHICAGO, Ill., (September 16, 2014) – New Generation Power International, a leading global renewable energy company, will develop three 11.5 Megawatt (MW) wood biomass plants in Japan. Together, Chicago-based New Generation Power International (NGPI) and Nippon Energy Solution, Inc. (NES) will launch a new wood-based biomass energy generation venture that will construct three separate facilities […]

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May 21, 2014
New Generation Power Texas Selects GE for Major Wind Turbine Supply Agreement

Chicago, Ill. (May 21, 2014) − New Generation Power Texas has signed a contract with GE for the supply of 235 wind turbines and related services for their 400 Megawatt Texas Wind Project. Construction began in December 2013 and will be built out over two phases. NGP Texas has brought together a team of industry […]

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May 20, 2014
Veriown Energy Awarded Multi-Million Dollar Federal Grant to Boost Solar Development in Virgin Islands

Chicago, Ill. (May 12, 2014) − Veriown Energy will receive a $3 million federal grant from the USDA High Energy Cost Grant Program designed to provide financial assistance for the improvement of energy generation, transmission, and distribution facilities servicing eligible rural communities. The grant will allow Veriown Energy the ability to deploy a microgrid application […]

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April 29, 2014
The University of the Virgin Islands Announces $30 Million Gift for the Development of a Medical School

The University of the Virgin Islands (UVI) received a $30 million gift commitment to help establish a state-of-the-art, Territory-wide medical school. Announced on April 25, by UVI President David Hall, the generous gift on behalf of New Generation Power (NGP) and its Chairman, Dr. Chirinjeev Kathuria, will serve as a major part of the foundation […]

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April 23, 2014
Atlanta to produce solar energy at five solar farms, including two at airport, sell to Georgia Power

Atlanta intends to generate solar power and sell it to Georgia Power through a planned public-private partnership with a Chicago-based energy firm. The Atlanta City Council on Monday authorized Mayor Kasim Reed to enter negotiations with New Generation Power, Inc. Terms call for a 20-year ground lease with the solar company, and for the firm […]

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April 23, 2014
Atlanta wants landfills turned into solar farms

For years, the city’s now-closed landfills have done nothing but sit idle and emit methane. Now, more than 30 acres of city-owned property, including those former trash heaps and parts of Hartsfield-Jackson International Airport, could be converted into solar farms. City Hall officials are considering a proposal to lease up to 32.9 acres of public […]

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April 22, 2014
University of the Virgin Islands Board Approves the Development Phase of Medical School

April 22nd, 2014  —  On April 19, the Board of Trustees of the University of the Virgin Islands, in a unanimous vote, authorized President David Hall to commence the development phase for a medical school in the territory. The Board also approved a major gift agreement between Dr. Chirinjeev Kathuria, New Generation Power and UVI […]

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February 13, 2014
New Generation Power Texas Breaks Ground on 400 Megawatt Wind Farm

New Generation Power Texas, LLC (NGP Texas), a Texas-based renewable energy company, has begun the first phase of construction on their 400 Megawatt (MW) Texas Wind Farm. The newly formed subsidiary of Chicago-based New Generation Power started construction on December 11, 2013, which made the wind farm eligible for a Federal Renewable Energy Production Tax […]

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