Country for PR: United States
Contributor: PR Newswire New York
Thursday, June 24 2021 - 05:34
AsiaNet
BrightNight Enters India's Power Market
INLET BEACH, Fla., June 24, 2021 /PRNewswire-AsiaNet/ --

- BrightNight experts with proven success to deliver hybrid renewable power

Today, BrightNight announced its entrance into India's energy market with two 
key hires based in New Delhi. Sajay KV has joined as India CEO and Naveen 
Khandelwal has joined as India COO and CFO. Combined, BrightNight's new India 
management team members have contributed to the delivery of 10 GW of renewable 
projects across India, and raised more than $2.5 billion in capital for energy 
projects. Sajay and Naveen bring a wealth of experience in wind, solar, and 
storage technology which will serve the company well as they develop, operate, 
and maintain dispatchable renewable power projects across the country. 
BrightNight is excited to bring its advanced solutions to India's renewable 
energy market, which is projected to grow from 100GW to 450GW by 2030. 
BrightNight Founder and CEO, Martin Hermann emphasized that the company views 
India as "a critical market with the opportunity to be a global energy 
decarbonization leader" adding that the firm is "excited to be a regional 
partner with a large team based in New Delhi." While India has seen an 
impressive investment in standard renewable energy infrastructure, BrightNight 
will provide power off-takers with next generation hybrid, peak and firm power 
solutions that will outpace standard project dispatchability, reliability, and 
safety. BrightNight solutions will be critical for the country's continued 
journey towards a renewable energy future. As standard renewable energy 
solutions continue to energize, intermittent supply combined with growing 
demand will pose a threat to reliability and be increasingly challenging to 
manage. In contrast, BrightNight renewable power solutions will provide 
operators with industry-leading dispatchability and energy management tools so 
clients can confidently decarbonize without compromising reliability.

Sajay KV, BrightNight India CEO has energized more than 7 GW of renewable 
assets across India and Sri Lanka as an IPP|OEM|EPC leader. Additionally, Sajay 
has originated and developed a broad portfolio of wind assets, including wind + 
solar hybrid and wind repowering projects. Sajay has led energy business and 
product strategy, project origination and development, data resourcing, 
manufacturing, and largescale EPC and asset management. Sajay has also led the 
inception of new solar and wind business units for P&L across India, generating 
more than $1.5B USD in revenue. 

Naveen Khandelwal, BrightNight India COO & CFO has been a leader in Indian 
energy markets for more than 18 years. Naveen was a founding member of two 
large and reputed Indian renewable energy IPPs with GW-size wind and solar 
portfolios. Naveen has worked extensively in the areas of corporate 
development, corporate finance, techno-commercials, growth strategy, capital 
allocation, and general management. Naveen has also led capital raises for more 
than $2.5B USD over the last 10 years, across equity and debt, for renewable 
energy platforms.

About BrightNight
BrightNight is one of the first renewable power provider with expertise and 
solutions designed to help clients decarbonize without compromising 
reliability, profitability, or security. Our large-scale, hybrid, renewable 
power projects arm clients with industry-leading dispatchability and energy 
management tools that overcome the challenges presented by intermittent 
renewable supply, demand, and extreme weather. BrightNight solutions are paving 
the way to a decarbonized future across the U.S. and the Asia Pacific (APAC). 
Learn more at: www.brightnightpower.com 

SOURCE  BrightNight

CONTACT: Maribeth Sawchuk, BrightNight Power, 703-626-1119, 
maribeth@brightnightpower.com
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