BrightNight, a US-based renewable energy producer, has signed an INR 15,000 crore (~$1.8 billion) agreement with the Government of Rajasthan. The deal is formalized at the Rising Rajasthan Global Investment Summit 2024 and aims to boost the state’s renewable energy capacity. According to BrightNight, the project will support Rajasthan’s 125 GW clean energy target by 2030. The company plans to develop 2 GW of hybrid solar and wind power, providing electricity for four million homes. This initiative is expected to prevent 100 million tons of carbon emissions. It will also create 5,000 jobs and lower energy costs for industries. Construction on 600 MW of dispatchable power begins in January 2025.
BrightNight expands renewable energy in Rajasthan
BrightNight commits INR 15,000 crore for hybrid solar, wind, and storage projects in Rajasthan by 2030. (Image Source: BrightNight)