New Generation Power International (NGPI) is an American energy company based in Chicago.

History

The company was co-founded by chairman

Chirinjeev Kathuria Chirinjeev Kathuria is an Indian-American investor, physician, politician, businessperson, and philanthropist. He was the first Indian-American to run for the US Senate. Kathuria was the co-founder and co-chairman of UpHealth Inc. which went pub ...

in 2010. The company develops renewable energy in international markets from resources, such as

solar power Solar power, also known as solar electricity, is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Solar panels use the photovoltaic effect to c ...

hydropower Hydropower (from Ancient Greek -, "water"), also known as water power or water energy, is the use of falling or fast-running water to Electricity generation, produce electricity or to power machines. This is achieved by energy transformation, ...

biomass Biomass is a term used in several contexts: in the context of ecology it means living organisms, and in the context of bioenergy it means matter from recently living (but now dead) organisms. In the latter context, there are variations in how ...

wind power Wind power is the use of wind energy to generate useful work. Historically, wind power was used by sails, windmills and windpumps, but today it is mostly used to generate electricity. This article deals only with wind power for electricity ge ...

geothermal Geothermal is related to energy and may refer to: * Geothermal energy, useful energy generated and stored in the Earth * Geothermal activity, the range of natural phenomena at or near the surface, associated with release of the Earth's internal he ...

, waste-to-energy, and

cogeneration Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from elec ...

. 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 The United States Army (USA) is the primary land service branch of the United States Department of Defense. It is designated as the Army of the United States in the United States Constitution.Article II, section 2, clause 1 of the United Stat ...

, and built a solar power farm located at

Chicago Rockford International Airport Chicago Rockford International Airport — typically referred to as Rockford International Airport, Chicago Rockford, or by its IATA call letters, RFD — is a commercial airport in Rockford, Illinois, located northwest of Chicago., effective ...

. 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. NGPI signed a cooperation agreement with the

Republic of Srpska Republika Srpska ( sr-Cyrl, Република Српска, ; also referred to as the Republic of Srpska or Serb Republic) is one of the two Political divisions of Bosnia and Herzegovina, entities within Bosnia and Herzegovina, the other bein ...

in 2012 to develop four hydro projects totaling 365 megawatts on the Lower Drina River. In collaboration Nippon Energy Solution, NGPI will build three 11.5 megawatt wood biomass power plants in Japan.

References

{{reflist Companies based in Chicago 2010 establishments in Illinois