New Generation Power Launches Veriown Energy To Focus On Distributed Solar, Grids

Posted by SI Staff on July 30, 2013 No Comments
Categories : New & Noteworthy

Utility-scale energy developer New Generation Power has spun out a new company, Veriown Energy Inc., to focus on commercial-scale distributed solar, distributed generation and microgrids.

The CEO of the new company is Steve Johanns, who joins Veriown from Eaton, where he worked on energy and infrastructure business development strategy for the central region of the U.S. Tom Levitsky, formerly director of global performance engineering for First Solar, joins Veriown as vice president of operations.

New Generation Power says it has established the Veriown Innovation Center (VIC), a joint partnership of Veriown and CogniTek Management Systems, with the goal of commercializing a number of patents and research and development assets. The VIC will focus on developing and commercializing distributed generation technologies without the need for subsidies.

‘The electric power industry in the United States is undergoing a transformation; from a model that relies on large, inefficient, centralized power plants to more diverse, decentralized, efficient, renewable solutions,’ says New Generation Power President and Chairman and Veriown Chairman Chirinjeev Kathuria.

Also as part of its launch, Veriown has partnered with the Galvin Center for Electricity Innovation at the Illinois Institute of Technology to collaborate on commercial microgrid systems.

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