The Optima project located in the State of Maharashtra has been developed by BrightNight’s India team using its proprietary software platform, which optimizes multiple renewable technologies to meet customers’ load requirements. The renewable power project will meet up to 80% of C&I customers’ power consumption and potentially save customers up to 25% annually on their energy bills while avoiding carbon emissions equivalent to up to 6 million tonnes for project life. The project will consist of co-located wind and solar components, making efficient utilization of grid infrastructure and enabling ease of operations for the grid operator.
BrightNight, the next generation and global renewable power producer built to deliver clean and dispatchable solutions, announced plans for one of its inaugural projects in India: a differentiated 100 MW co-located, wind-solar hybrid renewable power project that will deliver clean, high-capacity factor power to commercial and industrial (C&I) customers in the State of Maharashtra.
Having secured the grid connectivity at the state grid substation, BrightNight is targeting to commission the project by 1Q 2024. BrightNight will work with C&I customers to sign long-term power offtake agreements for the project to meet the highest portion of their power load requirements.
BrightNight has a global portfolio of 23 GW across the U.S. and Asia Pacific and is backed by some of the most respected investors in the global energy sector, including Cordelio, a subsidiary of the Canadian Pension Plan Investment Board (CPPIB), and Global Infrastructure Partners (GIP).
BrightNight is the first global renewable integrated power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions. BrightNight works with customers across the U.S. and Asia Pacific to design, develop, and operate safe, reliable, large-scale renewable power projects optimized to better manage the intermittent nature of renewable energy.