BrightNight India Advisory Board Builds For Success

Powerful leaders to promote the massive adoption of renewable energies on a large scale.

Posted: October 21, 2021 at 11:54 a.m. EDT|Update: 21 minutes ago

INLET BEACH, Florida, 21 October 2021 / PRNewswire / – Today BrightNight announced the first two members of its new Indian Advisory Board: Ron somers, CEO of India First Group and former Chairman of the US-India Business Council, and Rajiv lall, former Managing Director and President of the Infrastructure Development Finance Company (IDFC).

Founder and CEO of BrightNight, Martin hermann shared his enthusiasm, stating: “The leaders of the US energy industry and India join BrightNight because they see the rapid transformation of the energy market and know that BrightNight is best positioned to meet the growing demand for innovative renewable energy. continuous growth through india renewable energy market. “

Indeed, the new members of the advisory board are well placed to india growing market. Ron somers will build on his experience as an American-India leading business relationship and success in delivering large-scale energy projects with Cogentrix to promote BrightNight’s value to businesses through India. All along India, companies are a growing group of customers looking for renewable systems to suit their energy needs and increase their operational resilience. Also as india investor community seeks to develop its renewable energy portfolio, Rajiv lall will build on its track record of innovation through investments with IDFC, Warburg Pincus, Morgan Stanley and the World Bank.

The development of BrightNight’s Indian Advisory Board follows two recent and high-profile hires for leadership roles: Sajay KV and Naveen Khandelwal, who now lead BrightNight’s operations through India.

While india The adoption of renewable energy sources has increased rapidly, its decarbonisation agenda remains contested by a market which still views renewable projects as a source of energy and not of capacity. In order to India to achieve its goal of increasing its renewable supply from 100 GW to 450 GW by 2030, it will need to integrate hybrid and dispatchable systems that optimize renewable energy production and protect the grid against production out of phase with demand. . BrightNight was founded to meet these precise market needs and is seeing rapid success with its hybrid, distributable renewable energy solutions designed to provide baseload generation at the highest value and lowest cost to the customer. .

Ron somers
Ron somers has devoted the past 30 years to driving growth in the United States-India business relationship. At India First Group, Ron assists US and Indian companies in formulating and executing their business strategies, bringing development experience gained in the field as a recognized business leader with strong ties to the United States.India corridor. During his 10 years of living in India For UNOCAL and Cogentrix, Somers led efforts to bring nearly 2 GW of much needed power online. At USIBC, he spent a decade leading the largest bilateral trade association in United States, and during his tenure as the head of the India Private Power Initiative for USAID Delhi, Mr. Somers guided investments as well as policy iterations, mobilizing goodwill between the world’s two largest democracies, resulting by companies supplying more than 80 GW of innovative products, clean and renewable energy for India.

Rajiv lall
Rajiv B. Lall has over three decades of experience in academia, the World Bank, the Asian Development Bank, international investment banks and private equity, working in South East Asia, China, Africa, the United States and India. His expertise covers infrastructure finance, sustainable and impact investing, capital markets, trade and macroeconomic policy issues. He has played an active role in shaping the financial and political landscape internationally. He was President of IDFC Ltd., a public-private partnership focused on infrastructure finance, Managing Director of Warburg Pincus, and Founder and CEO of IDFC Bank, now known as IDFC First Bank. He is currently a professor of research at the Singapore University of Management where he also sits on the management committee of the Singapore Green Finance Center.

About BrightNight
BrightNight is the renewable energy company uniquely designed to provide utility, commercial and industrial customers with the clean, shippable renewable energy solutions needed for successful decarbonization. We work with clients across the United States and the Asia Pacific region to design, develop and operate large-scale, safe, reliable and optimized hybrid renewable energy projects to better manage the intermittent nature of renewables. Our in-depth customer engagement process, team of proven energy experts, and industry-leading awards empower our customers to overcome challenging energy sustainability standards, rapidly changing grid dynamics and transition production of fossil fuels. To learn more, visit: www.brightnightpower.com

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