BrightNight Announces Maiden 100 MW Hybrid Wind-Solar Project in India

Jan 30, 2023 09:54 AM ET
  • The 'Optima Project' is a set apart 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra.
  • The wind solar project will certainly provide clean, high-capacity element power to industrial and industrial (C&I) customers in the State.

Global renewable power manufacturer BrightNight has announced prepare for one of its inaugural projects in India which is a differentiated 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra. The main statement of BrightNight held that the wind solar project will provide clean, high-capacity aspect power to commercial and also industrial (C&I) customers in the State.

The 'Optima Project' in Maharashtra has been established by India group of BrightNight utilizing its software platform as well as the project will certainly meet up to 80% of C&I customers' power intake as well as potentially conserve customers up to 25% every year on their energy bills. BrightNight claimed that this will certainly additionally aid preventing carbon exhausts equal to up to 6 million tonnes for project life.

The project will certainly consist of co-located wind as well as solar elements, making effective use of grid infrastructure and making it possible for simplicity of procedures for the grid driver.

BrightNight CEO Martin Hermann, stated, "The Optima project is a terrific example of just how we are utilizing our seasoned development team and also cutting-edge modern technology to supply remedies to our customers: affordable, reliable, and secure renewable power. India is a high-growth market with a strong demand for renewable power."

Having actually safeguarded the grid connectivity at the state grid substation, BrightNight is targeting to commission the project by the first quarter of 2024. The business will work with C&I customers to sign lasting power offtake agreements for the project.

BrightNight said that it recognizes India as a core market for its global platform and went into the marketplace with a 1 GW+ portfolio under development.

Sajav KV, CEO, BrightNight India, said, "We have actually gotten an excellent reaction from our possible customers, and we are proactively contributing to our portfolio to satisfy the growing need for dispatchable renewable power in India."

The New Entrant Coming Up

BrightNight has a global portfolio of 23 GW throughout the United States and Asia Pacific. The RE developer is backed by a few of one of the most respected investors in the global energy industry, consisting of Cordelio, a subsidiary of the Canadian Pension Plan Investment Board (CPPIB), as well as Global Infrastructure Partners (GIP).

BrightNight said that it has likewise established operations in Gurgaon as well as Pune to sustain the execution of Optima project.

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