New Generation Power Awarded Geothermal & Solar Technology Contract Under $7 Billion Army Renewable Energy MATOC

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Chicago small business receives two MATOC awards.

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This award brings NGP and our industry leading team one step closer to our goal of bidding on task orders.

New Generation Power, Inc. has been awarded a Multiple Award Task Order Contract (MATOC) by the US Army to develop geothermal and solar power generation projects for Department of Defense installations.

The Chicago-based small business will join a pool of other qualified geothermal and solar contractors eligible to bid on future individual geothermal and solar technology project task orders from the Energy Initiatives Task Force (EITF) and the US Army Corps of Engineers (USACE).

NGP, along with their consortium members: Eaton Corporation, Martifer Solar USA, Golder Associates, POWER Engineers, Lockheed Martin and Veolia Energy, will combine their expertise and advanced technological capabilities to contribute valuable renewable energy projects for the DoD.

"We have an experienced consortium and are well-positioned to respond to future Task Orders. We look forward to working with the US Army Corps of Engineers at Huntsville and the EITF and applaud the DoD for their foresight and commitment to renewable and alternative energy,” said Yeye Zhang, Executive Vice President at NGP.

“This award brings NGP and our industry leading team one step closer to our goal of bidding on task orders,” said Beatrice Quach, Capture Manager at NGP.

The DoD has allocated $7 billion through the MATOC program for the development of renewable energy projects in four technologies: geothermal, solar, wind and biomass.

This is the second MATOC award for NGP. Last month, the company received a MATOC for solar energy.

About NGP
New Generation Power (NGP) is a diversified global developer, investor, owner and operator of energy infrastructure assets in the areas of Utility Scale Power Generation, Distributed Generation, and Mining Exploration & Extraction. NGP is led by a team with significant experience in energy markets, utility infrastructure, investment banking, generation R&D, and building global companies for public markets. For more information visit http://www.newgenpower.com.

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Lindsey Wagner
Aristocracy Group
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