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

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 the ability to deploy a microgrid application on the University of the Virgin Islands […]

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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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October 31, 2013
New Generation to Build 315 Megawatts Solar in India

A group led by New Generation Power LLC, a U.S. clean energy developer, has signed contracts to build 315 megawatts of solar plants in India. The group expects to invest $400 million by the end of 2014 to complete installations at various sites across Andhra Pradesh state, Chicago-based New Generation said in a statement. The plants […]

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October 30, 2013
New Generation Power’s Consortium to be Awarded 315 MW PPA in India

New Generation Power, a Chicago based renewable energy company, along with Premier Solar Group, a Hyderabad based solar company has signed one of the largest Power Purchase Agreements (PPA) in India by a consortium. Under the Andhra Pradesh Solar Scheme, the open bid process will now be part of a 1,000 megawatt (MW) development plan […]

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October 24, 2013
Caribbean Utilities Company selects New Generation Power for Solar & Wind

Caribbean Utilities Company, Ltd. (CUC) is pleased to announce that two Renewable Energy developers have been chosen to provide large scale renewable energy options to the CUC grid, subject to approval by the Electricity Regulatory Authority (ERA) of the negotiated final Power Purchase Agreements. In August 2011, CUC issued an invitation to interested parties to […]

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October 9, 2013
NGP, Grupo Léros plan 500 MW of solar PV in Brazil

New Generation Power (Chicago) and Grupo Léros (São Paulo) plan to build a 500 MW solar photovoltaic project in the Brazilian state of São Paulo, in 30 MW plants. This is the maximum size to benefit from an 80% discount on the electricity transmission tariff. The first three PV plants in the project have already […]

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